Commercial property for sale in 9-11 North Seaton Road, Ashington, Northumberland NE63
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Property features
- Commercial investment.
- Two storey fish & chip restaurant & ground floor retail unit
- Rental income £13800 per annum
- 23% yield on guide price
- 10 year lease from July 2011 (rolling)
- Same tenant on both units
- Ideal investment opportunity
- Prominent town centre position
Property description
Commercial investment. Two storey fish & chip restaurant & ground floor retail unit. Rental income £13,800 per annum. 23% yield on guide price. 10 year lease from July 2011 (rolling). Same tenant on both units. Ideal investment opportunity. Prominent town centre position. EPC Ratings C & E.
Auction Guide Price £59,950 +
Ref I026
Live Auction on Thursday 27th June 2024 - Option 1
For Sale by Auction. Terms and Conditions apply, see
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2,000+VAT (total £2,400)
Property info
For more information about this property, please contact
Rook Matthews Sayer - Commercial, NE4 on +44 191 563 0157 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Rook Matthews Sayer - Commercial, and do not constitute property particulars. Please contact Rook Matthews Sayer - Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.