£240,000
(£120.00/sq. ft)
Light industrial for saleBassington Lane, Cramlington NE23
From 2,000 - 2,173 sq. ft
About this property
Passive investment offering 8.5% yield
Total rental income- £20,540p.a
Yield – 8.5%
Fri lease
Description
The property comprises a brick-built unit with a profiled sheet roof, offering convenient access via both a roller shutter door and a separate pedestrian entrance. Extending to a total floor area of 2,173 sq ft, the premises include newly refurbished first-floor office space finished with wood-effect laminate flooring. The ground floor also benefits from separate male and female WC facilities.
Location
Cramlington is a well-established and thriving town in South East Northumberland, situated approximately 9 miles north of Newcastle upon Tyne. Originally developed on former coal-mining land, the town has grown into a balanced mix of residential, industrial, retail, and green space developments.
The town enjoys excellent transport connectivity, with its own railway station on the East Coast Main Line providing direct services to Newcastle, Morpeth, and the Metro Centre. Cramlington is also served by a comprehensive bus network and offers easy access to key road links including the A1, A19, and A189. Designed as a new town, it features an extensive cycle path network and is located approximately 10 minutes from Newcastle International Airport.
The property comprises a brick-built unit with a profiled sheet roof, offering convenient access via both a roller shutter door and a separate pedestrian entrance. Extending to a total floor area of 2,173 sq ft, the premises include newly refurbished first-floor office space finished with wood-effect laminate flooring. The ground floor also benefits from separate male and female WC facilities.
Location
Cramlington is a well-established and thriving town in South East Northumberland, situated approximately 9 miles north of Newcastle upon Tyne. Originally developed on former coal-mining land, the town has grown into a balanced mix of residential, industrial, retail, and green space developments.
The town enjoys excellent transport connectivity, with its own railway station on the East Coast Main Line providing direct services to Newcastle, Morpeth, and the Metro Centre. Cramlington is also served by a comprehensive bus network and offers easy access to key road links including the A1, A19, and A189. Designed as a new town, it features an extensive cycle path network and is located approximately 10 minutes from Newcastle International Airport.
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£1,200 per month
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