Marygate, Berwick

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Marygate, Berwick

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.