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Property for sale
200-202 Milburn Road, Ashington, NE63
£270,000
200-202 Milburn Road, Ashington, NE63
£270,000
Our Summary
- FOR SALE VIA ONLINE AUCTION: terms and conditions apply
- Link to bid: auction
- The traditional red brick, end terrace property comprises of 4 retail units, arranged over ground and first floor, with 2 occupied units and 2 vacant, The property offers secure income from existing tenancies with significant value-add opportunities through letting of vacant units, refurbishment, or potential reconfiguration
- This is an attractive investment for buyers seeking a property with opportunities to add value, or for redevelopment purposes, subject to planning permission
Description
This mixed-use investment property on Milburn Road in Ashington is a rare opportunity to acquire a traditional red brick, end-terrace property with four retail units, two of which are currently occupied and two are vacant. The property offers a secure income from existing tenancies, with potential for value-add through letting of vacant units, refurbishment, or reconfiguration. Ashington's strong rental demand and ongoing regeneration initiatives support long-term growth prospects, making it an attractive investment for buyers seeking to add value or redevelop the property, subject to planning permission.