Church Avenue, Scotland Gate, Choppington, Northumberland, NE62
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
High street retail property for sale
Key features
- Multi Let Retail Parade
- 4 Self Contained Units
- Total passing rent £34,476
- Net Initial Yield 8.27%
Description
An excellent investment opportunity comprising a fully let, mixed-use property arranged to provide four self-contained retail units, together with a well-presented three-bedroom residential dwelling. The asset produces a strong combined annual rental income of £34,476.
Situated in a thriving and well-established location, the property offers a strong blend of secure long-term income and future growth potential, making it an attractive proposition for both experienced investors and those looking to expand or diversify their portfolio.
Unit 1 - Sheds of Wool
190.7sqm (2,053sqft)
Let on a 5 year term from 01/09/25 at a rent of £6,000pa.
Unit 2 - Maid to Butler Ltd
101.5sqm (1,093sqft)
Let on a 5 year term from 31/07/25 at a rent of £6,600pa.
Unit 3 - Grimes Accountancy Service
102.5sqm (1,103sqft)
Let on a 5 year term from 01/08/25 at a rent of £6,600pa.
Unit 4 - In Disguise
250.6sqm (2,697sqft)
Let on a 5 year term from 01/08/25 at a rent of £6,276pa.
House - Brendalan
116sqm (1,249sqft)
Let from 01/08/25 at a rent of £9,000pa.
Church Avenue, Scotland Gate, Choppington, Northumberland, NE62
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ashington Station2.5 miles
- Pegswood Station2.5 miles
- Morpeth Station3.3 miles
Notes
Disclaimer - Property reference CMR250159. 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 Bradley Hall, Newcastle Upon Tyne. 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 Bradley Hall, Newcastle Upon Tyne on 0191 743 7550.
*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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