Retail property (high street) for sale
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
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
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