Summary - AMERICAN AIR FILTER LTD, BASSINGTON LANE NE23 8AF
1 bed 1 bath Light Industrial
Freehold light industrial unit of 2,147 sq ft with roller shutter access
Newly refurbished first-floor office with wood-effect laminate flooring
Fully let on new 10-year FRI (tenant pays repair and insurance)
Secure gated parking and low-maintenance metal cladding
Excellent transport links: rail, major roads and nearby airport
No flood risk; fast broadband and excellent mobile signal
Located in a deprived area with high recorded crime — impacts risk
Buyers should review lease details and local market/insurance costs
This freehold light industrial unit at 4 Bassington Lane offers 2,147 sq ft of practical workspace with immediate income. The building is newly refurbished with first-floor offices finished in wood-effect laminate, separate male and female WCs, a roller shutter and a pedestrian entrance for straightforward loading and staff access. It is fully let on new 10-year FRI (fully repairing and insuring) leases, providing a predictable lease-backed revenue stream for investors.
Positioned in Cramlington with strong transport links — rail to Newcastle, nearby A1/A19/A189 and close to the airport — the unit is suited to businesses needing regional distribution or local light-industrial operations. The property benefits from secure gated parking and low-maintenance cladding and roofing that reduce immediate upkeep demands.
Buyers should note material local considerations: the surrounding area is classified as deprived with high recorded crime and an “endeavouring social renters” local demographic. These factors can affect tenant mix, future rental growth and insurance costs. The unit’s long FRI leases transfer most repair and insurance obligations to tenants, but purchasers should satisfy themselves on lease terms and local market dynamics.
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