Property

Sold
Investment

30-32 Newgate Street, Morpeth, NE61 1BA

Extensively refurbished in 2008/2009 both internally and externally and arranged to provide seven retail and office premises plus secure parking for up to 4 cars within a gated rear yard

The property is prominently position on Newgate Street, close to Morpeth Town Centre, The Sanderson Arcade and Market Place

Other nearby occupiers on Newgate Street include Age UK, Lloyds Bank, Barnados, Subway and Boots, among other national and regional occupiers. Total rent of £61,650 per annum.

Seeking offers in excess of £650,000 reflecting a net initial yield of 9.02%

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