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Hay Bingo 7 Milburn Rd 16,979 SF 100% Leased Retail Building Ashington NE63 0HD $521,403 CAD ($30.71 CAD/SF)



INVESTMENT HIGHLIGHTS
- Substantial two storey corner property
- Partially let to a tattoo parlour
- Children's soft play area
- Sold with or without business
EXECUTIVE SUMMARY
We are pleased to offer to auction the freehold and business of this substantial two storey children's soft play, well located along Milburn Road, Ashington. Measuring 13,400sqft, accommodation comprises soft play area, cafe, kitchen, several offices, store rooms and W.C.s to the ground floor, with further soft play, a bowling area, further seating and W.C. to the first floor.
We have been advised gross income per annum is approx £211000. The front part of the property is also let to a tattoo parlour for £7,200 per annum, providing additional
Premises can be sold either with or without all fixtures and fittings price would be reflected with this.
We have been advised gross income per annum is approx £211000. The front part of the property is also let to a tattoo parlour for £7,200 per annum, providing additional
Premises can be sold either with or without all fixtures and fittings price would be reflected with this.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Long Leasehold
Building Size
16,979 SF
Building Class
C
Year Built
1960
Price
$521,403 CAD
Price Per SF
$30.71 CAD
Percent Leased
100%
Building Height
2 Stories
Parking
12 Spaces (0.71 Spaces per 1,000 SF Leased)
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Hay Bingo | 7 Milburn Rd
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