Units 14-20, Jubilee Industrial Estate, Ashington NE63 8UB

The property comprises a rarely available, multi-let, industrial opportunity situated within an established industrial estate. Arranged as seven workshop units with yard area to the front, the property is let to six tenants with a Weighted Average Unexpired Lease Term (WAULT) of 4.23 years and producing a total annual rent of £55,954 per annum. The investment offers a diverse income stream, with a mix of lease expiry dates, and both index-linked and open market rent reviews offering asset management potential. Please see the accommodation/tenancy schedule for more information. Jubilee Industrial Estate forms one of the principal industrial areas in Ashington, benefitting from easy access to the A1 and A189...