£100,000
Property for sale38 Queen Street, Amble, Northumberland NE65
Freehold
About this property
Commercial investment
Attractive two storey mid-terrace sandstone building
Freehold investment producing 7.2% yield
Rental Income £7200 per annum
Total area 75.55 m2 (813.22 ft2)
Fully let to Amble Insurance Services
Tenants lease expires February 2026
Prime position on main trading thoroughfare
On Street Parking
Commercial investment. Attractive two storey mid-terrace sandstone building. Freehold investment producing 7.2% yield. Rental Income £7,200 per annum. Total area 75.55 m² (813.22 ft²). Fully let to Amble Insurance Services. Tenants lease expires February 2026. Prime position on main trading thoroughfare. On Street Parking.
Price £100,000 Freehold
Ref I288
Location
Amble known as 'The Friendliest Port' is a popular North East waterfront town which hugs the River Coquet Estuary at the southern gateway to the Northumberland Coast Area of Outstanding natural beauty. With a sizeable local community enjoying all year round tourism. Queen Street is a main thoroughfare and the main trading location in the town.
Description
We are pleased to present to the market this well-positioned, mid-terrace, two-storey sandstone property, complete with a pitched slate roof.
The ground floor comprises a versatile office/retail area along with W.C. Facilities, while the first floor offers additional office accommodation, a kitchen, and further W.C. Facilities. The property is currently occupied by Amble Insurance Services.
Floor Area
Area sq. M. Sq. Ft.
Ground Floor
Office/retail 23.02 247.75
W.C 1.42 15.28
First Floor
Office 12.23 131.64
Office 25.72 276.86
Store 1.76 18.94
Kitchen 8.90 95.84
W.C 2.50 26.91
Total 75.55 813.22
Price
£100,000
Yield
7.2 % Based on the asking price of £100,000
Rental Income
£7,200 per annum
Tenancy Agreement
The unit is let to Amble Insurance Services their current lease come to an end in February 2026.
Tenure
Freehold – The ground floor unit next door has been sold on a 999 year lease from 7th February 2020
Viewing
Strictly by appointment through this office.
Rateable Value
The 2025 Rating List entry is Rateable Value £6,200
As the rv is below £12,000, occupiers for whom this property forms their sole trading premises will not pay business rates. We advise to seek verification of the above from the Local Rating Authority.
Price £100,000 Freehold
Ref I288
Location
Amble known as 'The Friendliest Port' is a popular North East waterfront town which hugs the River Coquet Estuary at the southern gateway to the Northumberland Coast Area of Outstanding natural beauty. With a sizeable local community enjoying all year round tourism. Queen Street is a main thoroughfare and the main trading location in the town.
Description
We are pleased to present to the market this well-positioned, mid-terrace, two-storey sandstone property, complete with a pitched slate roof.
The ground floor comprises a versatile office/retail area along with W.C. Facilities, while the first floor offers additional office accommodation, a kitchen, and further W.C. Facilities. The property is currently occupied by Amble Insurance Services.
Floor Area
Area sq. M. Sq. Ft.
Ground Floor
Office/retail 23.02 247.75
W.C 1.42 15.28
First Floor
Office 12.23 131.64
Office 25.72 276.86
Store 1.76 18.94
Kitchen 8.90 95.84
W.C 2.50 26.91
Total 75.55 813.22
Price
£100,000
Yield
7.2 % Based on the asking price of £100,000
Rental Income
£7,200 per annum
Tenancy Agreement
The unit is let to Amble Insurance Services their current lease come to an end in February 2026.
Tenure
Freehold – The ground floor unit next door has been sold on a 999 year lease from 7th February 2020
Viewing
Strictly by appointment through this office.
Rateable Value
The 2025 Rating List entry is Rateable Value £6,200
As the rv is below £12,000, occupiers for whom this property forms their sole trading premises will not pay business rates. We advise to seek verification of the above from the Local Rating Authority.
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