Light industrial for sale in Jubilee Industrial Estate, Ashington NE63

£195,000 (£98.93/sq. ft)
Light industrial for sale 1,971 sq. ft*
Interested in this property? Call +44 1788 285732 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Light Industrial Investment Opportunity
  • 10 year lease with rpi/Open Market Reviews
  • Price - £195,000 | total rent - £16,640 p.a. | yield – 8.5%
  • Freehold

Property description

Location


Jubilee Industrial Estate lies in a
strategic position only 15 miles
from Newcastle upon Tyne on
the A196, within a few minutesdrive of the A 189 which is a
direct link to the A1M and the
national road network.
It is located 5 miles from
Morpeth and 10 miles from the
Port of Blyth.
Other north east centres within
a convenient distance include
Sunderland (26 miles), Durham
(36 miles) and Middlesbrough
(54 miles).
The estate is very popular and
has a range of occupiers and uses.
Jubilee
Industrial Estate, Northumberland, NE63 8UBDESCRIPTION
A comprehensive improvement programme has
been completed at Jubilee Industrial Estate, to
provide a range of units with ample car parking.
It reflects the general market in the North East
where there is a recognised shortage of secondary
accommodation throughout the size ranges. Tenant
demand has remained consistently strong putting
continued upward pressure on rents and lowering
of tenant incentives. A full estate management
scheme is in place and the cost is recovered
from the tenants by way of a modest service
charge. The units are built of traditional design and
materials with cladded walls and roof and provide
approximately 1,972 sq ft (183.1 sq m) of light
industrial accommodation.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
JMD Investments and Estates Limited, CV32 on +44 1788 285732 * (local rate)

Contact JMD Investments and Estates Limited about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by JMD Investments and Estates Limited, and do not constitute property particulars. Please contact JMD Investments and Estates Limited 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.

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