Office in Apex Business Village , Annitsford, Cramlington, NE23 7BF £190,000

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

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• 2 Bathroom(s)
• 5 Living Room(s)

Address: Apex Business Village , Annitsford, Cramlington, NE23 7BF.

Fixed Price: £190,000

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