Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding, multi-let, retail investment occupying a prominent pitch on a pedestrianised street and offering both secure income and asset management potential.
Arranged across ground, first and second floors, the property is let to Subway and Totally Wicked, both long standing tenants of 10+ years, producing a total income of £21,392 per annum.
We consider the property offers secure income via the renewed lease on No.11, but also benefits from asset management potential via renewal of the lease to Subway.
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
Rent