4 bedroom terraced house for sale

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4 bedroom terraced house for sale

Ramsay Street, High Spen, Rowlands Gill
£200,000

Our Summary

  • Jan Mitchell Properties are delighted to offer for sale this multiuse commercial property that offers an attractive current return with masses of potential for further development, located in the popular picturesque village of High Spen between Rowlands Gill & Ryton
  • 4 Units currently let at £1,816pcm4 Vacant units previously let for £1,600pcmTotal potential annual income £40,992Viewings come highly recommended to appreciate the size and potential on offer first hand

Description

For sale is a multi-use commercial property in the picturesque village of High Spen, between Rowlands Gill and Ryton. The property boasts an attractive current return with potential for further development, comprising two occupied retail units with their own WC facilities, a successful café, and a vacant warehouse space with roller shutter door. On the first floor, there are four office/studio spaces, one of which is currently let. The property benefits from double glazing and a modern oil boiler, and offers a total potential annual income of £40,992. The location is convenient for local amenities and transport links, with nearby Rowlands Gill and Gateshead offering further amenities and access to Newcastle via trunk roads and bus routes.
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