2 – 4 Myrtle Buildings, Woodhorn... Property for sale

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2 – 4 Myrtle Buildings, Woodhorn... Property for sale

2 – 4 Myrtle Buildings, Woodhorn Road, Ashington NE63 0AP
£265,000

Our Summary

  • EXCELLENT INVESTMENT OPPORTUNITY Excellent location, two lock up shop units with long term tenants and spacious salon above
  • Retail Investment opportunity

Description

This property offers an excellent investment opportunity with two lock-up shop units and a spacious salon above. The ground floor shops are currently let to long-term tenants, producing an income of £18,800 per annum, while the first floor salon was previously rented for £8,500 per annum. The property is situated in a prime location, opposite the central bus station and Weatherspoons, with potential to increase income by fully letting the first floor premises. The salon above is well-appointed with treatment rooms, sun beds, and a kitchen, and could easily be converted into a self-contained apartment. With a total potential income of circa £27,000, this property presents a lucrative investment opportunity for buyers.