West Sleekburn Industrial Estate, Bedlington, Northumberland, NE22 7LQ
7 regular shaped income generating sites.
6 acres (2.43 Ha) (income producing) plus 4 acres (1.62 Ha) of woodland.
£54,717 pa net income.
Asset management angles with most tenants holding over and rent reviews outstanding.
Net initial yield of 6.92%.
Low £125,000 per acre capital value.
Chris Donabie
Interested in this property?
Please contact me
Fergus Laird
Interested in this property?
Please contact me
Location
The estate is located to the south of Ashington, and approximately 2 miles south east of the village of Stakeford and 1 mile west of the A189 'Spine Road' linking Newcastle and the A19 with Ashington and the Northumberland coast.
Description
The property comprises a 10 acres site comprising 6 acres of 7 regular shaped plots, all with access directly off the main estate road plus a 4 acre woodland.
Terms
Freehold subject to the occupational tenancies.
