£241,000
(£125.00/sq. ft)
Light industrial for saleBassington Lane, Cramlington NE23
From 2,000 - 2,173 sq. ft
Just added
About this property
Freehold tenanted investment 8.5% yield
Total rental income - £20,540p.a.
Freehold
10 year full repairing and insuring lease
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.
Mortgage calculator
Monthly repayment
£1,205 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}