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Glendale Workshops, Glendale Court, Amble, Morpeth, Northumberland, NE65 0RB

Industrial
1,700 Sq Ft (157.93 Sq M)
For Sale
£125,000 for the Freehold

Two fully let terraces providing five lock-up units.

Totalling 1,700 sq ft

Total net income £8,580 pa

Net initial yield 6.75%

Just £73.53 psf capital value

All tenants holding over, providing asset management opportunities.

Chris Donabie

Interested in this property?
Please contact me

chrisd@naylorsgavinblack.co.uk 0191 232 7030

Fergus Laird

Interested in this property?
Please contact me

fergus@naylorsgavinblack.co.uk 0191 232 7030
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Location

The property is located in the middle of a busy residential area in the centre of Amble.

Amble is a coastal Northumberland town 28 miles north east of Newcastle upon Tyne and benefits from a harbour as well as being close to Warkworth beach.

Description

The property comprise two terraces of lock up light industrial units of steel frame construction under covered mono-pitched timber roof with full height roller shutter doors serving each unit.

Terms

Freehold subject to the occupational tenancies which are drawn on effectively fully repairing and insuring terms by way of a maintenance rent and as detailed within the schedule.