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45-47 High St 5,597 sq ft Retail Property Wooler NE71 6BH £125,000 (£22.33/sq ft)
INVESTMENT HIGHLIGHTS
- Mid terrace mixed use investment opportunity
- Retail store at ground floor level
- Residential development potential, subject to obtaining the necessary consents.
- Arranged over two floors
- Upper part ancillary accommodation on the first floor
- Investment let at £18,000 per annum (14.4% GIY on guide price)
EXECUTIVE SUMMARY
Lot 121 is available by way of savills online auction 1st October 2025
The property comprises a ground floor retail accommodation and first floor upper part ancillary accommodation, located on Wooler high street. The property is fully let producing a total rental income of £18,000 per annum.
The property comprises a ground floor retail accommodation and first floor upper part ancillary accommodation, located on Wooler high street. The property is fully let producing a total rental income of £18,000 per annum.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
5,597 sq ft
Costar Property Class
B
Year Built
1920
Price
£125,000
Price per sq ft
£22.33
Tenancy
Single
Number of Floors
2
Plot ratio
1.43
Total Plot Size
0.09 ac
Frontage
36 ft on 45 High Street
AMENITIES
- Security System
- Roller Shutters
- Storage Space
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NEARBY MAJOR RETAILERS
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45-47 High St
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