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72-74 Marygate 3,994 sq ft 100% Let Retail Property Berwick-Upon-Tweed £340,000 (£85.13/sq ft) 10.09% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Prominently situated on the north side of Marygate
- 2 storey commercial development of traditional
- A prime retailing pitch
EXECUTIVE SUMMARY
Lot 38 is available for sale at an Allsop online auction to be held on Tuesday, 9th of December 2025.
The property comprises an investment opportunity for sale.
The asking price is £340,000 - £370,000, representing a gross initial yield of 10.47%.
The property comprises an investment opportunity for sale.
The asking price is £340,000 - £370,000, representing a gross initial yield of 10.47%.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
3,994 sq ft
Costar Property Class
B
Year Built
1789
Price
£340,000
Price per sq ft
£85.13
Yield
10.09%
NOI
£34,313
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.82
Total Plot Size
0.05 ac
Frontage
43 ft on Marygate
AMENITIES
- Accent Lighting
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NEARBY MAJOR RETAILERS
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72-74 Marygate
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