45-47 High Street, Wooler, Northumberland NE71 6BH
- PROPERTY TYPE
Commercial Property
- SIZE
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Key features
- Mid terrace mixed use investment opportunity
- Arranged over two floors
- Retail store at ground floor level
- Upper part ancillary accommodation on the first floor
- Residential development potential, subject to obtaining the necessary consents.
- Investment let at £18,000 per annum (14.4% GIY on guide price)
Description
StrapLine
Auction Sale - 01/10/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteA mid terrace mixed use investment opportunity arranged over two floors.
Comprises a ground floor retail shop and first floor upper part ancillary accommodation.
Investment let at £18,000 per annum (14.4% GIY on guide price).
Description
The property comprises a ground floor retail accommodation and first floor upper part ancillary accommodation, located on Wooler high street.
The property is fully let producing a total rental income of £18,000 per annum.
Location
The property is situated on the south side of the High Street in the heart of Wooler. The town is a popular base for walkers and lies on the edge of the Northumberland National Park.
Wooler is a small town in Northumberland, located near the Scottish border. The High Street is a bustling area with a range of local shops, cafes, and businesses. Wooler is served by several bus routes operated by Arriva North East and Travelsure . These connect the town with nearby villages and towns such as Berwick upon Tweed, Alnwick, and Morpeth, as well as larger cities like Newcastle and Edinburgh. The nearest railway station to Wooleris in Berwick upon Tweed which provides direct connections to Edinburgh, Newcastle, and London. The property is situated in the heart of the town's commercial area with occupiers nearby including Wooler Post Office, Pharmacy, Restaurant, Café, Beauty Shop and many more.
Transport
Berwick-upon-Tweed - National Rail
Alnmouth - National Rail
Tenancy
The property is fully let on commercial lease and residential AST producing a total rent of £18,000 per annum.
Accommodation
Comprises mid terrace property arranged as ground floor retail with ancillary accommodation above,
Ground Floor: 336 sq m (3,617 sq ft) Open plan retail,
First Floor Ancillary : 184 sq m (1,980 sq ft)
Total NIA: 520 sq m (5,597 sq ft)
45-47 High Street, Wooler, Northumberland NE71 6BH
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chathill Station12.2 miles
Notes
Disclaimer - Property reference 194-18741. 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 Savills Auctions, London. 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 Savills Auctions, London on 020 3909 6715.
*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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