Marygate, Berwick

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Marygate, Berwick

Marygate, Berwick-upon-tweed, Northumberland TD15
£300,000

Our Summary

  • Reduced Buyers Fee: 2% of Sale Price (Min £2500 +vat)Total – 3,819 sq ft OUTSTANDING INVESTMENT OPPORTUNITY
  • Auction Details20 March 2025, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
  • Future Property Auctions - Scotland's Largest Land and Property Auction House

Description

This is an outstanding investment opportunity in Berwick-upon-Tweed, featuring a commercial ground floor unit with three self-contained upper floor apartments. The property is situated in a highly prominent trading position, producing £37,700 per annum, with an immediate income stream from a mix of uses. The ground floor commercial space is let to Ladbrokes on a full repairing and insuring lease until 2032, while the three upper floor flats are let on Assured Shorthold Tenancies (ASTs), generating an additional £17,700 per annum. The property offers an excellent location, fronting Marygate in the heart of the town centre, with easy access to local and national amenities and excellent transportation links.
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