2 – 4 Maple Street, Ashington NE63 OBN Property for sale

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2 – 4 Maple Street, Ashington NE63 OBN Property for sale

2 – 4 Maple Street, Ashington NE63 OBN
£120,000

Our Summary

  • Fully let this property has the potential to give a 12% return

Description

This mixed-use property in a central location offers a unique investment opportunity. The ground floor is currently home to two established businesses, a menswear shop and a sandwich shop, both with long-term tenancies in place. The first floor, which is currently vacant, offers approximately 1,000 square feet of space that could be converted into a residential flat, providing a potential additional income stream. The property has a good rental yield, with a total annual income of £9,400, and offers a potential return of 12%. With its central location, good transport links, and variety of uses, this property presents a solid investment opportunity for a buyer.