£250,000
(£125.00/sq. ft)
Light industrial for saleBassington Lane, Cramlington NE23
From 2,000 - 2,353 sq. ft
Just added
About this property
Freehold tenanted investment 8.5% yield
Rental income Rent £21,320 pa
Tenanted investment
Passive investment
Description
The property comprises a brick-built industrial unit beneath a profiled sheet roof, benefiting from both roller shutter loading access and a separate pedestrian entrance. The unit extends to approximately 2,300 sq ft and includes newly refurbished first-floor office accommodation with wood-effect laminate flooring. Separate male and female WC facilities are provided at ground floor level.
Location
Cramlington is a well-established town in South East Northumberland, approximately 9 miles north of Newcastle upon Tyne. Formerly developed on historic coal-mining land, the town now offers a strong mix of residential, industrial, retail and green space uses.
The town benefits from excellent transport connectivity, including a railway station on the East Coast Main Line with direct services to Newcastle, Morpeth and the MetroCentre. Cramlington is also well served by local bus routes and provides easy access to the A1, A19 and A189 road networks.
The property comprises a brick-built industrial unit beneath a profiled sheet roof, benefiting from both roller shutter loading access and a separate pedestrian entrance. The unit extends to approximately 2,300 sq ft and includes newly refurbished first-floor office accommodation with wood-effect laminate flooring. Separate male and female WC facilities are provided at ground floor level.
Location
Cramlington is a well-established town in South East Northumberland, approximately 9 miles north of Newcastle upon Tyne. Formerly developed on historic coal-mining land, the town now offers a strong mix of residential, industrial, retail and green space uses.
The town benefits from excellent transport connectivity, including a railway station on the East Coast Main Line with direct services to Newcastle, Morpeth and the MetroCentre. Cramlington is also well served by local bus routes and provides easy access to the A1, A19 and A189 road networks.
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Monthly repayment
£1,250 per month
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