The property comprises a rarely available, multi-let, industrial opportunity situated within an established industrial estate.
Arranged as seven workshop units with yard area to the front, the property is let to six tenants with a Weighted Average Unexpired Lease Term (WAULT) of 4.23 years and producing a total annual rent of £55,954 per annum.
The investment offers a diverse income stream, with a mix of lease expiry dates, and both index-linked and open market rent reviews offering asset management potential. Please see the accommodation/tenancy schedule for more information.
Jubilee Industrial Estate forms one of the principal industrial areas in Ashington, benefitting from easy access to the A1 and A189 which in turn provide access throughout the North-East.