Station Road, Ashington , NE63 9UZ
£150,000+
Legal Pack
Awaiting legal pack from sellers solicitors - Please enter your details and we will contact you as soon as it becomes available.
We are pleased to present this mid-terrace, three-storey retail investment opportunity, prominently positioned and fully let to established occupiers. The property is divided into two self-contained units. Totally Wicked, an electronic cigarette retailer, occupies part of the ground floor at No. 11, extending to approximately 487.92 sq. ft. (45.3 sq. m.). The accommodation comprises a retail sales area, storage, kitchen, and WC facilities. The tenant also benefits from one allocated parking space to the rear of the property. Subway occupies the remainder of the ground floor together with the entire first and second floors at No. 11a, providing a total floor area of approximately 1,388.53 sq. ft. (129 sq. m.). The ground floor includes a sales area, office, storage, and an external garage. The first floor provides a kitchen, preparation area, office, and WC facilities, while the second floor comprises two offices and additional storage space. This fully tenanted asset offers investors an income stream from well-recognised national brands within a well-configured, multi-level retail premises. The property is centrally located on the main shopping parade within Ashington town centre. The property is surrounded by many national operators including EE, Superdrug, O2, Boots, Savers, Hays Travel, Greggs, Heron Foods and Lloyds bank to name a few. Ashington is a busy town in Northumberland circa 16 miles north of Newcastle upon Tyne and benefits from good transport links, providing direct access to the A189 and 6 miles to the east of the A1.
Current rental income £21,392 per annum -awaiting sight of tenancy agreements
Fully occupied by Subway & Totally Wicked
Net internal area 1,875 sq. ft. (174 sq. m.)
Subway recently served a section 26, ref rent negotiation
Property details provided by Rook Matthews Sayer
EPC rating: to be advised and D
Council Tax Band: N/A
Tenure: Freehold
For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION 26 February 2026 OPTION1
TENANTS DETAILS 11A
Subway (ground floor 521.29 sq.ft, first floor 447.24 sq.ft and second floor 420.0 sq.ft) – rent £11,000 – 10-year lease from 2013, The tenant is holding over, but has recently served a section 26 with a suggested rent of £5,500, our client has countered with a rent of £12,000 but awaits their response.
TENANTS DETAILS 11
Totally Wicked (ground floor 487.92 sq.ft) – rent £10,392 – A new 5 year lease was taken on 26th January 2025, with a break 26th Jan 2028.
Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied by RMS. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com
Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £180 including Vat from them for the recommendation.
Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.
Details awaiting vendors approval.
Disclaimer 4
The seller is unsure if the property has mains provided gas, electricity, water (very low risk of surface water flooding) and sewerage.
The energy performance certificate attached advises the property is brick built and provides further details regarding the property’s construction.
Ofcom website states the average broadband download speed of 15 and 17Mbps and the fastest package of 1800Mbps at this postcode: NE63 9UZ and mobile coverage is provided by EE (good outdoor and variable indoor), Three (good outdoor), 02 (good) and Vodaphone (good).
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