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Marygate, Berwick
Marygate, Berwick-upon-tweed, Northumberland TD15
£315,000
Marygate, Berwick-upon-tweed, Northumberland TD15
£315,000
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 |
Price Change | -12.26% |
Description
This is an outstanding investment opportunity in a highly prominent trading position in Berwick-upon-tweed. The property consists of a commercial ground floor unit and three self-contained upper floor apartments, producing a combined annual income of £37,700. The ground floor is let to Ladbrokes on a full repairing and insuring lease until 2032, while the three upper floor flats are let on ASTs. The property is situated in the heart of the town centre, close to local and national amenities, and offers excellent links by road and rail. The property is being offered through a timed online auction on March 6, 2025, with a reduced buyers fee of 2% of the sale price.