Front Street, Newbiggin By The Sea

*** OCCUPIED GROUND FLOOR COMMERCIAL SHOP - FIRST FLOOR THREE BEDROOM FLAT - IDEAL INVESTMENT OPPORTUNITY OR RESIDENCE - TWO MINUTE WALK TO NEWBIGGIN BEACH - SOUGHT AFTER AREA - EPC GRADE C & EPC GRADE D***
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For sale by auction see www.agentspropertyauction.com
Disclaimer 1
The Agents Property Auction have not inspected this property. 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 £120 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.
An exciting investment opportunity has arisen in the sought-after coastal town of Newbiggin-by-the-Sea, Northumberland. Offering a unique combination of commercial and residential accommodation, this versatile property presents an excellent prospect for investors and developers alike.
The ground floor comprises a commercial unit currently occupied by a long-term tenant, with approximately eight years remaining on the lease and generating a rental income of £450 PCM. In addition, the ground floor benefits from a substantial adjoining space, offering fantastic potential for conversion into further commercial premises or, subject to the necessary planning permissions, residential accommodation.
Occupying the upper floors is a beautifully presented three-bedroom apartment, offering spacious and well-appointed living throughout. The property features a modern fitted kitchen and contemporary bathroom, while the impressive lounge boasts a striking vaulted ceiling that floods the room with natural light and creates a wonderful sense of space. From here, delightful views overlooking Newbiggin Beach provide the perfect coastal backdrop.
Situated within easy reach of local amenities, transport links and the picturesque promenade, this is a rare opportunity to acquire a mixed-use property with established rental income, significant development potential and an exceptional residential apartment in one of Northumberland’s most desirable seaside locations.
Early viewing is highly recommended to fully appreciate the scope and potential on offer.
To arrange your viewing, please contact our Ashington office today.