Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment opportunity let to the British Heart Foundation and occupying a prominent pitch on a high footfall pedestrianised street.
Arranged as a ground floor retail unit with basement, the property is let to British Heart Foundation on a five year lease expiring 13/02/2029 and paying £12,000 per annum. We understand the new lease is a renewal of a previous lease and the tenant has been in occupation since 2014.
Station Road is the principal retail amenity of Ashington and is predominantly pedestrianised. Local occupiers include Heron Foods, Superdrug, New Look, Boots and Iceland with an Asda Superstore in close proximity.
Tenure
Freehold
Tenancy
The property is let to British Heart Foundation on a five year lease expiring 13/02/2029 and paying £12,000 per annum. The lease is on full repairing and insuring terms and includes a tenants break option in February 2027.
British Heart Foundation
British Heart Foundation is one of the UKs most recognisable charities trading from approx. 700 stores nationwide.
Rent