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251 Hawthorn Rd 629 SF Retail Building Ashington NE63 0QU $173,509 ($275.85/SF)

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INVESTMENT HIGHLIGHTS

  • Two storey corner property
  • First floor two bedroom flat
  • Ground floor A5 hot food takeaway
  • Fully let for £8,400 per annum

EXECUTIVE SUMMARY

The shop and flat are currently let to separate tenants, for a rent of £350PCM each. This totals an annual income of £8,400.
Freehold. Title number ND28510.

ATTACHMENTS

Hawthorn

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
629 SF
Building Class
B
Year Built
1910
Price
$173,509
Price Per SF
$275.85
Tenancy
Single
Building Height
2 Stories
Building FAR
0.36
Lot Size
0.04 AC
Frontage
17’ on Hawthorn Road

AMENITIES

  • Automatic Blinds

ABOUT 251 HAWTHORN RD , ASHINGTON, NBL NE63 0QU

Two storey end of terrace investment property, situated along Hawthorn Road, Ashington. The property contains a ground floor hot food takeaway business, and a two bedroom first floor flat. The property is of traditional construction with pitched roof and brick main walls. The ground floor unit has window frontage and a commercial kitchen. The first floor property has a lounge, kitchen and two bedrooms. The property is currently fully tenanted and generating an income of £8,400 per annum.

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Sherpur Tandoori
  • Retailer
  • 629 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Sherpur Tandoori Retailer 629 SF - -

NEARBY MAJOR RETAILERS

ASDA
Nisa
Iceland
Heron Foods
Co-op
YMCA
Barclays
SPAR
HSBC
Starbucks
  • Listing ID: 18710185

  • Date on Market: 3/2/2020

  • Last Updated:

  • Address: 251 Hawthorn Rd, Ashington NE63 0QU

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