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SOLD STC

Newgate Street, Morpeth, Northumberland, NE61 1BA

Guide Price
£325,000

Business rates & charges may apply

Pattinsons, Pattinsons Commercial North East
SIZE

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SECTOR

High street retail property for sale

Key features

  • Commercial portfolio
  • 2x ground floor retail units
  • 2x self-contained apartments
  • Desirable town centre location
  • Excellent investment opportunity
  • Freehold title

Description

*For sale via secure sale online bidding: terms and conditions apply.*

We are pleased to offer to auction this substantial commercial portfolio compromising of 2x shops and 2x flats, excellently located along the popular Newgate Street, Morpeth town centre.

Location

The subject property is located along Newgate Street, Morpeth. It is a short walk away from Morpeth town centre where you'll find local shops, restaurants and all other amenities. The property is right next to the River Wansbeck where you can go for scenic walks.

Accommodation

Flat 1:
Kitchen - w 3.1 x l 2.9
Utility area - w 1.5 x l 0.9
Bathroom - w 1.4 x l 2.6
Lounge - w 4.1 x l 3.7
Bedroom - w 3.2 x l 3.6

Flat 2:
Kitchen - w 4.2 x l 6.8
Corridor - w 1.1 x l 4.4
Bathroom - w 2.6 x l 2.8
Hall cupboard - w 0.8 x l 1.8
Lounge - w 4.4 x l 3.5
Bed 1 - w 4.4 x l 3.5
Bed 2 - w 3.2 x l 3.7
Bed 3 - w 3.5 x l 4.4
Bed 4 - w 3.7 x l 3.3

Shop 1:
Back room - w 3.7 x l 4.0
Front room - w 6.9 x l 4.6

Barber shop 2:
Downstairs shop area - w33 x l 6.6
Upstairs kitchen room - w2.5 x l 3.2
Upstairs room - w 3.3 x l 3.5

Tenure

Freehold. Title number ND131016.

Rateable Value

38: The current rateable value is £6,500 (1 April 2023 to present).
40: The current rateable value is £8,300 (1 April 2023 to present).

Sourced from VOA.

Council Tax

Both flats Band A.

EPC

Available upon request.

38: Rating C
40: We are currently awaiting a copy of the energy performance certificate.
40a: We are currently awaiting a copy of the energy performance certificate.
40b: Rating C

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Brochures

Newgate Street, Morpeth, Northumberland, NE61 1BA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Morpeth Station0.5 miles
  • Pegswood Station1.9 miles

About Pattinsons, Pattinsons Commercial North East

Kingfisher Way Silverlink, Wallsend, NE28 9NY

Notes

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Disclaimer - Property reference 465722. 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 Pattinsons, Pattinsons Commercial North East. 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 Pattinsons, Pattinsons Commercial North East on 0191 743 9260.

*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.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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