Marygate, Berwick

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Marygate, Berwick

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

Price History

Initial price £359,000
27/07/24 £405,000
08/08/24 £365,000
10/08/24 £450,000
17/08/24 £405,000
22/08/24 £365,000
29/08/24 £329,000
30/08/24 £386,000
04/09/24 £365,000
07/09/24 £428,000
10/09/24 £450,000
13/09/24 £365,000
19/09/24 £329,000
05/10/24 £450,000
12/10/24 £405,000
16/10/24 £365,000
19/10/24 £329,000
06/11/24 £313,000
07/11/24 £297,000
30/11/24 £367,000
05/12/24 £349,000
12/12/24 £332,000
19/12/24 £315,000
30/12/24 £297,000
07/01/25 £315,000
11/01/25 £386,000
22/01/25 £367,000
25/01/25 £407,000
31/01/25 £387,000
01/02/25 £349,000
22/02/25 £332,000
26/02/25 £315,000
06/03/25 £300,000
Price Change -16.43%

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.