Office in Apex Business Village , Annitsford, Cramlington, NE23 7BF
£190,000
SHORT DESCRIPTION
Property Ref: 15849
A well-presented commercial investment property offering secure income and future flexibility. The building has been professionally converted into two separate office units, both occupied under a single lease agreement. The current tenant pays £1,250 per calendar month, with 26 months remaining until a 5-year break clause in a 10-year lease.
The property benefits from Small Business Rates Relief, making it highly attractive to small businesses and investors alike. Located in a popular area of Cramlington, the property offers excellent transport links and proximity to local services.
Investment Potential
Secure income for over 2 years
Potential to renegotiate lease or re-let at market rates post-break
Ideal for investors seeking strong yield approx. 7.89% or owner-occupiers looking for flexible space
Property Type: Office
Full selling price: £190000.00
Pricing Options: Fixed Price
Tenure: Freehold
EPC rating: C
Measurement: 1402 sq.ft.
Outside Space: Communal Garden
Parking: Allocated
Heating Type: Gas Central Heating
Chain Sale or Chain Free: Chain free
Possession of the property: tenanted
----------------------------------------------------------------------------------------------------
FLOOR PLAN
Illustrations are for identification purposes only and are not to scale.
All measurements are a maximum
and include wardrobes and bay windows where applicable.
EPC GRAPH
Illustrations are for identification purposes only and are not to scale.
All measurements are a maximum
and include wardrobes and bay windows where applicable.
Disclaimer: The information displayed about this property comprises a property advertisement. 99home.co.uk will
not make no warranty for the accuracy or completeness of the advertisement or any linked or associated information,
and 99home has no control over the content. This property advertisement does not constitute property particulars,
the property may offer to tenants in same condition as they have seen on time of the viewing. The information is
provided and maintained by 99home.co.uk
Company registration number in England : 10469887 VAT: 263 3023 36
Copyright © 99Home Limited 2017. All rights reserved.