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