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COMMERCIAL

Newgate Street, Morpeth

£875,000
Mike Rogerson Estate Agents, Morpeth
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Two Commercial Units
  • Four Residential Flats
  • Mixed-Use Investment Opportunity
  • Town Centre Location
  • All Units Currently Tenanted
  • £71,900 Annual Rental Income
  • Off-Street Parking Spaces
  • Excellent Investment Opportunity
  • Popular Morpeth Location
  • Established Rental Income

Description

*** INVESTMENT OPPORTUNITY - TWO COMMERCIAL TENANT PROPERTIES - FOUR RESIDENTIAL FLATS TENANT - POPULAR LOCATION - TOWN CENTER LOCATION - MIXED USE INVESTMENT ***

We are delighted to welcome to the market this substantial and imposing town centre building, offering an excellent investment opportunity comprising two commercial units and four residential flats, all currently tenanted.

The building is Ideally located on Newgate Street, Morpeth, in the heart of the popular town centre, the property provides a diverse mixed-use investment with established rental income.

The accommodation briefly comprises two commercial units and four one-bedroom residential flats. Externally, the property benefits from four off-street parking spaces.

Total Current Rental Income: £71,900 per annum

This is an excellent opportunity for an investor looking to acquire a substantial mixed-use property with multiple income streams in a popular and convenient town centre location.To arrange a viewing and avoid disappointment, please contact our Morpeth Office.We are obligated under the estate agency act of 1979 to inform all parties the vendor is an employee of Mike Rogerson Estate Agents.

Agents Note

We are obligated under the estate agency act of 1979 to inform all parties the vendor is an employee of Mike Rogerson Estate Agents.

Brochures

Full Details

Newgate Street, Morpeth

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Morpeth Station0.6 miles
  • Pegswood Station1.9 miles
  • Ashington Station4.8 miles

About Mike Rogerson Estate Agents, Morpeth

31 Newgate Street, Morpeth, NE61 1AT
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1

Mike Rogerson Estate Agents has become a well known and trusted name in the Newcastle and Northumberland property markets. We offer a comprehensive variety of properties for sale and to let from our high profile networked offices located at Ashington, Bedlington, Blyth, Cramlington, Forest Hall, Morpeth, North Shields and Wallsend.

With expert local knowledge, whether you are buying, selling or renting, the team at Mike Rogerson Estate Agents are your best asset.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 11712707. 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 Mike Rogerson Estate Agents, Morpeth. 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.

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