£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
Property Overview
This rare investment opportunity comprises two fully refurbished industrial units of brick construction beneath a profiled sheet roof. Each unit extends to 2,173 sq. Ft. And benefits from:
Roller shutter loading doors with separate pedestrian access
First-floor office accommodation finished with wood-effect laminate flooring
Dedicated male and female W/C facilities
Flexible industrial and office layouts suitable for a wide variety of occupiers
Location
Cramlington is a well-established commercial and residential hub in South East Northumberland, positioned roughly 9 miles north of Newcastle upon Tyne. It has evolved into a thriving business location supported by a strong local workforce, modern infrastructure, and a diverse mix of industrial, retail, and commercial uses.
Connectivity
The area boasts exceptional transport links:
Road: Direct, easy access to the A1, A19, and A189 road networks.
Rail: Cramlington railway station provides regular, direct services to Newcastle, Morpeth, and wider regional destinations.
Air: Newcastle International Airport is just a 10-minute drive away, providing enhanced accessibility for regional and national occupiers.
This rare investment opportunity comprises two fully refurbished industrial units of brick construction beneath a profiled sheet roof. Each unit extends to 2,173 sq. Ft. And benefits from:
Roller shutter loading doors with separate pedestrian access
First-floor office accommodation finished with wood-effect laminate flooring
Dedicated male and female W/C facilities
Flexible industrial and office layouts suitable for a wide variety of occupiers
Location
Cramlington is a well-established commercial and residential hub in South East Northumberland, positioned roughly 9 miles north of Newcastle upon Tyne. It has evolved into a thriving business location supported by a strong local workforce, modern infrastructure, and a diverse mix of industrial, retail, and commercial uses.
Connectivity
The area boasts exceptional transport links:
Road: Direct, easy access to the A1, A19, and A189 road networks.
Rail: Cramlington railway station provides regular, direct services to Newcastle, Morpeth, and wider regional destinations.
Air: Newcastle International Airport is just a 10-minute drive away, providing enhanced accessibility for regional and national occupiers.
Mortgage calculator
Monthly repayment
£2,456 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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