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Guide price
£325,000

Retail property (high street) for sale

Newgate Street, Morpeth, Northumberland, NE61 1BA
Auction
Sold STC
Retail property (high street)
Added > 14 days

Features and description

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

Rooms

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

About this agent

Pattinson - Commercial
Pattinson - Commercial
2 Hill Street, Gateshead Tyne and Wear NE8 2AS
0191 392 0913
Full profileProperty listings
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.
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