£238,000
(£125.00/sq. ft)
Light industrial for saleBassington Lane, Cramlington NE23
From 2,000 - 2,173 sq. ft
Just added
About this property
8.5% yield - freehold tenanted investment
Price - £238,000
Total rent - £20,280p.a.
Passive investment
Description
The property comprises a modern industrial unit of brick construction beneath a profiled sheet roof. It benefits from a roller shutter loading door and separate pedestrian entrance. Extending to 2,173 sq ft, the unit includes refurbished first-floor offices with wood-effect laminate flooring, together with separate male and female WC facilities on the ground floor.
Location
Cramlington is a well-established commercial town in South East Northumberland, approximately 9 miles north of Newcastle upon Tyne. It has grown into a thriving business and residential hub, offering a strong mix of industrial, retail, commercial and green spaces.
The property comprises a modern industrial unit of brick construction beneath a profiled sheet roof. It benefits from a roller shutter loading door and separate pedestrian entrance. Extending to 2,173 sq ft, the unit includes refurbished first-floor offices with wood-effect laminate flooring, together with separate male and female WC facilities on the ground floor.
Location
Cramlington is a well-established commercial town in South East Northumberland, approximately 9 miles north of Newcastle upon Tyne. It has grown into a thriving business and residential hub, offering a strong mix of industrial, retail, commercial and green spaces.
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Monthly repayment
£1,190 per month
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