£491,000
(£125.00/sq. ft)
Light industrial for saleBassington Lane, Cramlington NE23
From 2,935 - 3,928 sq. ft
About this property
8.5% yield - tenanted investment
£41,860 p.a.
Freehold
Passive investment
Description
The property comprises two refurbished industrial units of brick construction beneath a profiled sheet roof. Each unit extends to 2,173 sq ft and benefits from a roller shutter loading door, separate pedestrian access, first-floor office accommodation with wood-effect laminate flooring, and male and female WC facilities. The units provide flexible industrial and office space suitable for a range of occupiers.
Location
Cramlington is a well-established commercial and residential centre in South East Northumberland, situated approximately 9 miles north of Newcastle upon Tyne. The town has developed into a thriving business location, supported by a strong local workforce, modern infrastructure, and a diverse mix of industrial, retail, and residential uses.
The town benefits from excellent connectivity, with direct access to the A1, A19, and A189 road networks, while Cramlington railway station provides regular services to Newcastle, Morpeth, and wider regional destinations. Newcastle International Airport is approximately 10 minutes away by car, further enhancing the area's accessibility for businesses and occupiers.
The property comprises two refurbished industrial units of brick construction beneath a profiled sheet roof. Each unit extends to 2,173 sq ft and benefits from a roller shutter loading door, separate pedestrian access, first-floor office accommodation with wood-effect laminate flooring, and male and female WC facilities. The units provide flexible industrial and office space suitable for a range of occupiers.
Location
Cramlington is a well-established commercial and residential centre in South East Northumberland, situated approximately 9 miles north of Newcastle upon Tyne. The town has developed into a thriving business location, supported by a strong local workforce, modern infrastructure, and a diverse mix of industrial, retail, and residential uses.
The town benefits from excellent connectivity, with direct access to the A1, A19, and A189 road networks, while Cramlington railway station provides regular services to Newcastle, Morpeth, and wider regional destinations. Newcastle International Airport is approximately 10 minutes away by car, further enhancing the area's accessibility for businesses and occupiers.
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£2,456 per month
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