Prominent Town Centre Retail Unit To Let/May Sell

 

Summary

  • Prominent Town Centre Location
  • Size: 4,510 sq ft (418.97 sq m)
  • Rent: £25,000 pax
  • Price: Offers Invited
  • Subject to Contract

Location

1 Station Road sits on Station Road, the principal retail thoroughfare in Ashington Town Centre, a busy commercial pitch in South Northumberland. The property benefits from proximity to a range of well known national occupiers that reinforce footfall and retail appeal, with operators such as EE, Savers, Subway, Boots, Hays Travel, Greggs, Argos, Lloyds Bank, Heron Foods, CEX and Asda Supermarket all represented within the immediate Station Road/High Street catchment.

The town itself is a significant local service centre, approximately 16–17 miles north of Newcastle upon Tyne and around 6 miles east of Morpeth, with excellent road access via the A189 “Spine Road”, which links directly southwards towards Newcastle and the wider North East transport network.

Recent transport improvements including the reopening of the Northumberland Line have re-established rail connectivity between Ashington and Newcastle City Centre, with typical journey times of around 35–40 minutes by train, while regular bus services on the A189 corridor provide supplementary links. This combination of national retail presence, strong transport links and strategic positioning within a dense Northumberland town underpins the commercial attractiveness of the Station Road location.

Get directions from Google Maps

Further Information

Rent £25,000 per annum

Rates Payable Upon Enquiry

EPC Rating This property has been graded as E (107)


Description

The property comprises a double fronted retail unit of traditional brick construction, dating from the early mid 20th century, arranged over ground and first floors. The ground floor provides two separate customer access points, together with a broadly open plan layout and offers flexible re-planning potential. Owing to its width and dual entrances, the unit is capable of being subdivided into two self-contained retail units, subject to the necessary consents. The upper floor accommodation, presently used for ancillary storage and staff facilities, is surplus to operational requirements and, given its layout and separation from the primary retail area, is considered better suited to conversion to residential use or alternative non-retail purposes, again subject to planning. Overall, the building provides a versatile footprint with scope for reconfiguration to enhance commercial efficiency or unlock additional value through part residential redevelopment.

Terms

£25,000 (Twenty Five Thousand Pounds) per annum exclusive of VAT with terms to be agreed on a Full Repairing and Insuring Lease, subject to contract.

Our client may also consider selling the Freehold interest in which offers are invited, subject to contract.

Use / Planning

We understand that the property benefits from consent for its current use that falls under Use Class E of the Town & Country Planning Use Classes Order as amended 1 September 2020.

Alternative uses may be considered subject to obtaining the necessary planning consent via the Local Planning Authority, Northumberland County Council.