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Freehold

Guide price

£95,000

Retail premises for sale

Retail Investment, 36 Station Road, Ashington, Northumberland NE63

Guide price

£95,000

Retail premises for sale
Retail Investment, 36 Station Road, Ashington, Northumberland NE63

    Freehold
    Added on 12/09/2025

    About this property

    • Auction

    • Prime freehold retail investment

    • Two storey property 145.8 sq. M. (1570 sq. Ft.)

    • Rental income £12000 per annum

    • 12.6 % based on a guide price of £95000

    • Let to Hays Travel the U.Ks largest independent travel agents

    • 9 years from and including 31 July 2025 (Tenant break clause 31 July 2028 & July 2031)

    • Prime town centre location

    • Same parade as Boots Super Drug O2 EE & Greggs

    Prime freehold retail investment. Two storey property 145.8 sq. M. (1,570 sq. Ft.). Rental income £12,000 per annum. 12.6 % based on a guide price of £95,000. Let to Hays Travel the U.k’s largest independent travel agents. 9 years from and including 31 July 2025 (Tenant break clause 31 July 2028 & July 2031). Prime town centre location. Same parade as Boots, Super Drug, O2, EE & Greggs.

    Auction Guide Price £95,000 +

    Ref I303

    Live Auction on Tuesday 30th September 2025 - Option 1

    For Sale by Auction. Terms and Conditions apply, see

    Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2,000+VAT (total £2,400

    Location

    The property is centrally located on the main shopping parade within Ashington town centre. The property is surrounded by many national operators including EE, Superdrug, O2, Subway, Boots, Savers, Card Factory, Greggs, Lloyds Bank and Halifax to name a few. Ashington is a busy town in Northumberland circa 16 miles north of Newcastle upon Tyne and benefits from good transport links, providing direct access to the A189 and 6 miles to the east of the A1.

    Description

    A mid terrace two storey property of brick construction under a pitch slate roof. The ground floor sales area has been fitted out in the standard Hays livery and format with the benefit of a Bureau de Change. The remainder of the ground floor is used as a kitchen/staff room and staff W.C. The first floor consists several store rooms.

    Accommodation

    The premises are arranged on ground and first floors with the following approximate areas.

    Floor Area

    145 sq. M. (1,569.9 sq. Ft.)

    Rental Income

    £12,000 per annum

    Tenant

    The property is current let to Hays Travel the U.k’s largest independent travel agents.

    Lease

    Renewal of existing lease – A term of 9 years from and including 31st July 2025 to and including 30th July 2034. Tenant break clause 31st July 2028 and July 2031. Review date fifth anniversary of contractual term.

    Yield

    12.6 % based on a guide price of £95,000.

    Auction Guide Price

    £95,000 +

    Viewing

    Strictly by appointment through this office.

    Tenure

    Freehold.

    Auction

    Live online auction, bidding starts Tuesday 30th September 2025, terms and conditions apply, see website

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