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Unit 37 Apex Business Centre, Annitsford

VAT £195,000

Apex Business Centre Unit 37 Cramlington NE23 7BF UK

Apex Business Centre Unit 37 Cramlington NE23 7BF UK

VAT £195,000

Features

Alarm system and parking bays
Close links to A1 & A19
Generating rental income of £18600(+vat) per annum
Tenanted offices both on 5 year leases
Well presented two storey office space

Description

Property for sale. Commercial investment. Rental income of £18,600(+vat) per annum. Generating yield of 9.54% on asking price.
Well presented tenanted two storey office building within the business development near Moor Farm roundabout. Great links to main routes (A1/A19 & A189). Two tenants, in place, on 5 year leases, from November 2024. Floor area circa 141.23 sq.m. (1,520.2 sq.ft.). Service charge applies.
EPC: D
Freehold £195,000(+VAT)
Ref: H930a