Offers over
£495,000
(£143.96/sq. ft)
Office for saleMorpeth NE61
4,133 sq. ft
About this property
Located in Morpeth, an attractive & affluent market town in Northumberland
Morpeth has a population of approximately 12,000 with a wider Northumberland pop
Morpeth has excellent transport links via road and rail to neighbouring towns an
The town is popular with residents and tourists alike, with it's medieval
The property is situated on Greys Yard, a short walk from Bridge Street
Compromising a well-maintained two storey brick-built building
With car parking for approximately 9 cars
Investment summary
• Located in Morpeth, an attractive & affluent market town in Northumberland
• Morpeth has a population of approximately 12,000 with a wider Northumberland population in excess of 310,000
• Morpeth has excellent transport links via road and rail to neighbouring towns and cities.
• The town is popular with residents and tourists alike, with it’s medieval Castle and imposing bridges
• The property is situated on Greys Yard, a short walk from Bridge Street and the town centre
• Compromising a well-maintained two storey brick-built building which has been subdivided into five units
• With car parking for approximately 9 cars
We are instructed to seek offers in excess of £495,000 (exclusive of VAT) reflecting a net initial yield of approximately 10.23% assuming purchasers’ costs of 4.68%.
• Located in Morpeth, an attractive & affluent market town in Northumberland
• Morpeth has a population of approximately 12,000 with a wider Northumberland population in excess of 310,000
• Morpeth has excellent transport links via road and rail to neighbouring towns and cities.
• The town is popular with residents and tourists alike, with it’s medieval Castle and imposing bridges
• The property is situated on Greys Yard, a short walk from Bridge Street and the town centre
• Compromising a well-maintained two storey brick-built building which has been subdivided into five units
• With car parking for approximately 9 cars
We are instructed to seek offers in excess of £495,000 (exclusive of VAT) reflecting a net initial yield of approximately 10.23% assuming purchasers’ costs of 4.68%.