£115,000
Property for sale154/154A Milburn Road, Ashington NE63
Freehold
About this property
Two retail units on popular shopping parade
Rental income of £10500 per annum
9.13% yield on asking price
Excellent passing trade
On street parking
Property for sale. Commercial investment opportunity on popular shopping parade. Rental income £10,500 per annum. Generating rental yield of 9.13% on asking price.
Two ground floor retail units on corner of busy street. Corner retail unit is currently being used as a dog groomers with a rental income of £6,300 per annum (which will increase to £6,500 per annum, from October 2027). Smaller retail unit is currently being used as a massage therapist, with a rental income of £4,200 per annum. On street parking. Excellent passing trade.
EPC: C & D
Freehold £115,000
Ref I394
Two ground floor retail units on corner of busy street. Corner retail unit is currently being used as a dog groomers with a rental income of £6,300 per annum (which will increase to £6,500 per annum, from October 2027). Smaller retail unit is currently being used as a massage therapist, with a rental income of £4,200 per annum. On street parking. Excellent passing trade.
EPC: C & D
Freehold £115,000
Ref I394
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