AVAILABLE
Attractive mixed use investment in highly sought after and affluent Northumberland location
Price:
£595,000 (8.48% NIY)
4,133 sq ft
INVESTMENT SUMMARY
Located in Morpeth, an attractive & affluent market town in Northumberland
Morpeth has a population of approximately 12,000 with a wider Northumberland population in excess of 310,000
Morpeth has excellent transport links via road and rail to neighbouring towns and cities.
The town is popular with residents and tourists alike, with it’s medieval Castle and imposing bridges
The property is situated on Greys Yard, a short walk from Bridge Street and the town centre
Compromising a well-maintained two storey brick-built building which has been subdivided into five units
With car parking for approximately 9 cars
We are instructed to seek offers in excess of £595,000 (exclusive of VAT) reflecting a net initial yield of approximately 8.48% assuming purchasers’ costs of 5.04%.
Property Details
Location Details
Mopeth, Northumberland
Sector
Office, Retail
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An outstanding opportunity
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