Glendale Workshops, Glendale Court, Amble, Morpeth, Northumberland, NE65 0RB
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
Fergus Laird
Interested in this property?
Please contact me
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.
