53-55, Marygate, Mixed Use Portfolio, Berwick-upon-tweed, Northumberland, TD151AX
- PROPERTY TYPE
Flat
- SIZE
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Key features
- 3,819 sq ft commercial ground floor unit let to Ladbrokes with 3 self contained upper floor flats above in HIGHLY PROMINENT TRADING POSITION PRODUCING £37,700 pa Total Rental.
- Property is sure to appeal to investors looking to purchase an easily manageable/rentable property in a sought after location in Berwick-upon-tweed. IMMEDIATE INCOME PRODUCING MIXED USE PROPERTY.
- Let to Ladbrokes on a full repairing and insuring lease expiring 2032 at a current passing rent of £20,000 per annum. 3 upper floor flats let on ASTâ??s producing £17,700 per annum.
- Ground Floor Commercial 1,268 sq ft First floor (Front) 2 Bedroom flat 872 sq ft Second floor (front & First floor (rear) 2 Bedroom flat 1,098 sq ft Second floor (rear) 1 Bedroom flat 581 sq ft.
- EXCELLENT LOCATION situated fronting the west side of Marygate, in the heart of the town centre, close to a host of local and national amenities and offers excellent links by road and by rail.
Description
** SALE BY AUCTION - 01 May 2025 - Timed Online Auction **
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 1% of Sale Price (Min £3250 ?)
Total â?? 3,819 sq ft OUTSTANDING INVESTMENT OPPORTUNITY. commercial ground floor unit with 3 self contained upper floor apartments. in HIGHLY PROMINENT TRADING POSITION PRODUCING £37,700 pa Property is sure to appeal to investors looking to purchase an easily manageable/rentable property in a sought after location in Berwick-upon-tweed. IMMEDIATE INCOME PRODUCING MIXED USE PROPERTY. Let to Ladbrokes on a full repairing and insuring lease expiring 2032 at a current passing rent of £20,000 per annum. 3 upper floor flats let on ASTâ??s producing £17,700 per annum. Ground Floor Commercial 1,268 sq ft First floor (Front) 2 Bedroom flat 872 sq ft Second floor (front & First floor (rear) 2 Bedroom flat 1,098 sq ft Second floor (rear) 1 Bedroom flat 581 sq ft. EXCELLENT LOCATION situated fronting the west side of Marygate, in the heart of the town centre, close to a host of local and national amenities and offers excellent links by road and by rail.
Berwick-upon-Tweed is a town in Northumberland, England, near the border with Scotland. The town features well-preserved medieval walls, the Berwick Castle, and several bridges over the River Tweed Berwick has a selection of leisure and sports clubs, banks, public houses, cafes, restaurants and The Maltings theatre and cinema. There is a main line railway station which has regular trains to both Edinburgh, Newcastle and London, both Edinburgh and Newcastle.
Auction Details
01 May 2025, 10am-3pm
Timed Online Auction
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- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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53-55, Marygate, Mixed Use Portfolio, Berwick-upon-tweed, Northumberland, TD151AX
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Visit our security centre to find out moreDisclaimer - Property reference 13904181. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Future Property Auctions, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Future Property Auctions, Glasgow on 0141 632 6599.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
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