72-74 Marygate, Berwick-upon-Tweed TD15 1BN
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- To be offered on Wednesday 30th September
- Freehold Retail Parade Investment
- Well located on Marygate, an established trading location
- Let to Holland & Barrett and New Look(1)
- Nearby occupiers include Boots (adjacent), B&M, Greggs any many more
- Providing an asset management or owner occupier opportunity
- ERV c. £40,000 p.a.
- VAT is applicable
- Investment let at £15,600 p.a.
Description
StrapLine
Auction Sale - 29/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteFreehold retail parade investment let to Holland & Barrett and New Look, generating £15,600 per annum and offering attractive asset management potential.
Description
The property is arranged over ground and one upper floor to provide two ground floor shops with an upper floor.
Location
Occupying a prominent position on Marygate, Berwick-upon-Tweed's principal retailing thoroughfare, the property is situated in the heart of the town centre amongst a strong mix of national retailers. Berwick-upon-Tweed is a historic market town located on the Northumberland coast, approximately midway between Newcastle upon Tyne and Edinburgh, benefitting from excellent connectivity via the A1 and East Coast Main Line railway services.
Nearby occupiers include Boots, B&M, Costa Coffee, Greggs, WHSmith, Sports Direct and Caffè Nero, helping to drive strong levels of pedestrian footfall.
Transport
Rail: Berwick-upon-Tweed Railway Station is approximately 0.5 miles to the east and provides regular East Coast Main Line services to Edinburgh (approximately 45 minutes), Newcastle upon Tyne (approximately 45 minutes) and London King's Cross.
Road: The property benefits from excellent road communications, with the A1 located to the west of the town providing direct access north to Edinburgh and south to Newcastle upon Tyne and the wider UK motorway network.
Air: Newcastle International Airport and Edinburgh Airport are both accessible via the A1 and rail network, providing a range of domestic and international flight connections.
Tenancy
Please see the below Schedule of Accommodation and Tenancies
Accommodation
72/74 Marygate
Ground Floor - 187.94 sqm (2,023 sq ft)
1st floor - 66.43 sqm (715 sq ft)
Sub-total - 254.37 sqm (2,738 sq ft)
74 Marygate
Ground Floor - 116.69 sqm (1,256 sq ft)
Total - 371.06 sq m (3,994 sq ft)
72-74 Marygate, Berwick-upon-Tweed TD15 1BN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Berwick-upon-Tweed Station0.4 miles
Notes
Disclaimer - Property reference 243-25161. 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.”