£105,000

Office for sale

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Sold STC

Guide price

£105,000

Office for sale

Station Road, Ashington NE63

Local area information

Property location

Nearby amenities

  • Get U Started Training (SEN) 0.1 miles
  • Buzz Learning School (SEN) 0.3 miles
  • Pegswood 2.7 miles
  • Widdrington 4.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Ashington to find out more about the local area.

Features and description

  • Mixed-Use Investment with Immediate Rental Income
  • Tenanted 2-Bed Flat at 500 pcm
  • Ground Floor Retail Unit in Prime Location
  • High Footfall Town Centre Position
  • Close to Ashington's New Train Station
Summary

Ideally positioned near the upcoming Ashington train station, this end-terrace, two-storey mixed-use property offers an excellent investment opportunity in the heart of Ashington town centre.

The ground floor features a well-proportioned retail unit, suitable for a variety of uses (subject to consents). Above, the first floor hosts a self-contained 2-bedroom flat, currently tenanted at 500 pcm, providing immediate rental income. The flat includes a lounge, kitchen, and bathroom, along with access to a large loft space offering further potential (subject to permissions).

Located on Station Road, the property benefits from a prominent position within Ashington's established commercial and retail core, with strong footfall and excellent transport links nearby.

An attractive option for investors seeking a versatile and income-generating asset in a well-connected and evolving area.

Location

The subject property is located on Station Road, within an established retail and commercial area of Ashington town centre. Ashington is a significant business and residential hub in south east Northumberland, serving both the local population and surrounding communities.

The area benefits from excellent road connectivity via the A189 Spine Road, providing direct access to other parts of Northumberland and the wider North East region.

The location is also set to benefit from major regeneration projects, most notably the reopening of Ashington Train Station, which will restore direct rail links to Newcastle and significantly improve public transport options. Additionally, the new Northumberland College campus, soon to open at Wansbeck Business Park, is expected to bring increased footfall, employment, and demand to the area - further enhancing its appeal for both commercial and residential investment.

Ground Floor Retail Unit

88 Sq M / 942 Sq Ft

The ground floor comprises a spacious main front room, ideal for retail or customer-facing use, leading to two private consultation rooms. A rear hallway provides access to a large walk-in storage area, along with a kitchenette and toilet facilities.

To the rear, the property benefits from a generously sized enclosed yard, offering additional storage or delivery access if required.

This flexible layout is well-suited for a range of uses, subject to any necessary consents.

First Floor Residential Flat

74 Sq M / 798 Sq Ft

Accessed via a private entrance, the flat comprises an entrance hall with stairs leading to a first-floor landing, a spacious lounge, fitted kitchen, two bedrooms, and a bathroom with WC.

The flat is currently let at 500 pcm, offering immediate rental income, with potential to achieve up to 650 pcm based on current market conditions.

Ideal for investors, the property also benefits from a large loft space, offering potential for additional storage or future development (subject to the necessary consents).

Rateable Value

According to the Valuation Office Agency (voa), the current rateable value for 60/60A Station Road, Ashington, NE63 8RN, effective from 1 April 2023, is 5,800.

Tenure

Freehold Title Number - ND32998

EPC

Energy Performance Certificate: C

Available upon request.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours (1)

1 virtual tour available

Step inside the property with a virtual tour or video walkthrough.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Pattinson - Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pattinson - Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Northumberland
  4. Ashington
  5. Station Road