10 Oldgate, Morpeth
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- 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
Description
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
Brochures
Property BrochureFull DetailsEnergy Performance Certificates
Energy Performance Certificate10 Oldgate, Morpeth
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Morpeth Station0.5 miles
- Pegswood Station2.0 miles
About the agent
Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties
Newcastle House Albany Court, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YB
Rook Matthews Sayer Business Sales and Rook Matthews Sayer Commercial are divisions of RMS which is widely recognised as one of the region's leading names in property services.
RMS employs around 120 people in the group's 16 offices with our dedicated business sales and commercial department based at our Head Office in Newcastle dealing with a wide range of businesses and property throughout the North East from North Yorkshire to the Scottish Borders.
We have over 40 years of expe
Industry affiliations
Notes
Disclaimer - Property reference 12406583. 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 Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties. 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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