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Freehold

£120,000

Retail premises for sale

2 – 4 Maple Street, Ashington Obn NE63

£120,000

Retail premises for sale
2 – 4 Maple Street, Ashington Obn NE63

    Freehold

    About this property

    • Commercial freehold investment

    • Two lock up shops with spacious suite of rooms above

    Spacious mixed use premises situated in a good location close to centre of town, within walking distance of local bus station and close to large public car park.
    The property comprises two lock up shops, both let and with space above (vacant) These first floor rooms have not been re-let recently as a purchaser may wish to convert this space to a residential flat. The ground floor mens wear shop has been established for over 15 years and the Sandwich shop has been tenanted by same family members for a similar time. Fully let this property has the potential to give a 12% return.
    On the Ground floor 2 - 2c Maple Street
    Shop 1, presently trading clothing and mens workwear
    Let £6,000 per annum
    Business Rateable Value: £7,500

    Shop 2 2b Maple Street
    Presently trading as Sandwich shop
    Let £3,400 per annum
    Business Rateable Value £3,250

    First Floor 2 - 4 Maple Street
    approx. 1000 sq.ft, suitable variety of uses.
    Large Landing/Reception Area

    Room 1
    15'0" x 7'0" (105 sq.ft)

    Room 2
    10'0" x 14'6" (145 sq.ft)

    Room 3
    14'6" x 10'0" (145 sq.ft)

    Room 4
    16'9" x 16'6" (275 sq.ft)

    Room 5
    15'0" x 16'10" (250 sq.ft)

    Separate w.c.
    Separate entrance from side door on Maple Street.
    Rateable value £4,650

    Tenure Freehold

    Energy Performance Ratings:
    *C" "D" and "D"

    Rateable Value £5,300

    Price: £120,000 or offers

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