£120,000
Retail premises for sale2 – 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
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