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Marygate, Berwick
Marygate, Berwick-upon-tweed, Northumberland TD15
£315,000
Marygate, Berwick-upon-tweed, Northumberland TD15
£315,000
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
- AUCTION DATE: 20 March 2025
Description
This is an exceptional investment opportunity in Berwick-upon-tweed, featuring a mixed-use property with a commercial ground floor unit and three self-contained upper floor apartments. The property is situated in a highly prominent trading position, producing £37,700 per annum in rental income. The ground floor commercial space is let to Ladbrokes on a full repairing and insuring lease until 2032, while the three upper floor apartments are let on ASTs, generating an additional £17,700 per annum. The property offers excellent links to local and national amenities, as well as road and rail connections. With its prime location and immediate income-producing potential, this property is sure to appeal to investors seeking a hassle-free and lucrative investment in a sought-after location.