Back to search results

£115,000

Property for sale

Property photos

  1. Photo 1
Freehold

£115,000

Property for sale

Oldgate, Morpeth NE61

Local area information

Property location

Nearby amenities

  • St Robert's Roman Catholic Voluntary Aided First School 0.1 miles
  • Morpeth First School 0.3 miles
  • Morpeth 0.5 miles
  • Pegswood 2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Ground floor commercial investment
  • Rental income of £8100 per annum
  • Yield of 7.04% on asking price
  • Fantastic location next to the Morpeth Clock Tower
  • Walking distance to Morpeth Park
  • Great investment opportunity
Property for sale. Commercial investment. Rental income £8,100 per annum. Generating a yield of 7.04% on the asking price.

Well presented retail unit on popular street, in affluent market town. Current retail tenant, trading as an antique sales business. 3 year lease in place, from 2023. Located next to Morpeth Clock Tower. On street parking and nearby car parks. Walking distance to Morpeth Park.

*Rent increase to £8,400 per annum, from 2025

EPC: C

Freehold £115,000

Ref: I019

More information

Report this listing

Listed by

Rook Matthews Sayer - Commercial

View agent properties
Logo of Rook Matthews Sayer - Commercial
0191 563 0157
Email agent
Call agent

Property descriptions and related information displayed on this page are marketing materials provided by - Rook Matthews Sayer - Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Rook Matthews Sayer - Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Northumberland
  4. Morpeth
  5. Oldgate

© 2024 Zoopla Limited. All rights reserved.

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.