Commercial Property For Sale
Investments
Veterinary Practice & Flat Investment
Ashington
£160,000 (Freehold)
REF: NE2162
Location
This investment is located at the western end of Station Road, within a small secondary shopping parade.
Ashington is 15 miles north of Newcastle upon Tyne and was once the centre of the local coal mining industry. Road access to the town is excellent via the A189 Spine Road and the town has recently had a regular rail service reintroduced.
Property
Comprises a self-contained ground floor lock up unit extending to 70 sq.m. (755 sq.ft). To the upper floors there is a maisonette with up to 3 bedrooms plus a kitchen, lounge and bathroom. The maisonette has independent access from the street and is occupied by a single tenant.
Occupational Leases
152 Station Road
Occupied by Independent Vetcare Limited (CRN 07746795) on a 10 year lease dated 30th January 2025. The current passing rent is £7,500 per annum with a rent review at the 5th anniversary.
152a Station Road
Occupied under an AST at £500 per month.
EPC
Shop Rating - D.
Flat Rating - D.
Tenure
We are advised that the title is freehold.
Services
We understand that gas, electricity, water and drainage are connected to the property.
Business Rates
Rateable Value £4,650
Rates free incentives subject to status.
Council Tax Band A
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.
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