2 bedroom flat for sale

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2 bedroom flat for sale

Marygate, Berwick-upon-tweed, Northumberland TD15
£329,000

Our Summary

  • Reduced Buyers Fee: 1% of Sale Price (Min £3250 +vat)Total – 3,819 sq ft OUTSTANDING INVESTMENT OPPORTUNITY
  • Auction Details19 September 2024, 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 property is an outstanding investment opportunity, offering a commercial ground floor unit with three self-contained upper floor apartments. The property is situated in a highly prominent trading position in Berwick-upon-tweed, producing a total income of £37,700 per annum. The ground floor commercial unit is let to Ladbrokes on a full repairing and insuring lease until 2032, while the three upper floor flats are let on ASTs, producing £17,700 per annum. The property benefits from an excellent location, fronting Marygate in the heart of the town centre, with easy access to local and national amenities and excellent transport links. This property is sure to appeal to investors looking for an easily manageable and rentable property in a sought-after location.
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