The property is situated in a prominent corner position at the intersection of Oldgate and New Market in Morpeth Town Centre. The building is near to the Sanderson Arcade, which is anchored by M&S Food. The property is close to a mixture of national and strong local retail and leisure occupiers.
The property comprises a two storey building entirely let to HSBC on a new 5 year full repairing and insuring lease. HSBC Bank plc is one of the largest banking and financial services organisations in the world. HSBC’s international network comprises around 7,500 offices in over 80 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. Daniel Capobasso, investment agent at Johnson Tucker purchased the property for a local property company in April 2019.
If you would like more information on this investment acquisition or any other investments listed on our website please contact Daniel Capobasso on 0191 269 7897 or email firstname.lastname@example.org. Please feel free to subscribe to our investment property mailing list to receive the latest investment opportunities.