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42-44 Station Rd 6,862 SF 100% Leased Retail Building Ashington NE63 9UJ $403,817 ($58.85/SF)
Investment Highlights
- Tenanted Investment Opportunity
- Leases in Place until 2036
- Rent: £26,500 per annum excluding VAT
- FREEHOLD
Executive Summary
An opportunity to acquire a substantial freehold commercial investment occupying a prime and highly visible position on Station Road, Ashington’s main High Street.
The property extends to approximately 637.50 sq m (6,862 sq ft) arranged over three floors and is fully let, producing an established income stream with leases in place until 2036, offering long-term security for investors.
The ground and first floors operate as a substantial retail premises with ancillary storage, while the second floor is independently utilised as a dance studio, enhancing diversification of income within the building.
Situated in a strong trading position within Ashington town centre, the property benefits from excellent frontage, consistent pedestrian and vehicular traffic, nearby public parking and close proximity to national and independent occupiers.
This is a rare opportunity to secure a sizeable freehold commercial asset in a dominant High Street position with long-term tenant security and significant future potential.
EPC RATING: E
Property Facts
Amenities
- Commuter Rail
- Signage
- Automatic Blinds
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Gladwin Dancing Schools
- -
- 500 SF
- -
- -
-
- -
- 5,588 SF
- -
- Jul 2036
They are Sense – supporting everyone who is deafblind or has complex disabilities. They believe everyone should be able to take part in life, no matter their disability. Their work empowers thousands of people who are deafblind or have complex disabilities to communicate, experience the world and fulfil their potential. They put disabled people and their loved ones at the heart of everything they do. They have over 65 years of expertise in providing personalised support for people of all ages — from early life to adulthood. They offer residential care, virtual support, and they have a network of centres in communities across the country. They also provide lifelong opportunities for disabled people to be creative and active through holidays, arts, sports, and wellbeing programmes. They have 20 centres and colleges in communities across England, Wales and Northern Ireland, and Sense Scotland operates a further three.
- The Gladwin School of Dance and Drama
- -
- 1,274 SF
- -
- Sep 2036
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Gladwin Dancing Schools | - | 500 SF | - | - | ||
|
|
- | 5,588 SF | - | Jul 2036 | ||
| The Gladwin School of Dance and Drama | - | 1,274 SF | - | Sep 2036 |
Nearby Major Retailers
-
Pattinson Commercial
Presented by
42-44 Station Rd
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