From
£340,000
Retail premises for saleChurch Avenue, Scotland Gate, Choppington, Northumberland NE62
Freehold
About this property
Multi Let Retail Parade
4 Self Contained Units
Total passing rent £34,476
Net Initial Yield 8.27%
For sale via online auction: Terms and conditions apply. Link to bid:
An excellent investment opportunity comprising a fully let, mixed-use property arranged to provide four self-contained retail units, together with a well-presented three-bedroom residential dwelling. The asset produces a strong combined annual rental income of £34,476.
Situated in a thriving and well-established location, the property offers a strong blend of secure long-term income and future growth potential, making it an attractive proposition for both experienced investors and those looking to expand or diversify their portfolio.
Unit 1 - Sheds of Wool
190.7sqm (2,053sqft)
Let on a 5 year term from 01/09/25 at a rent of £6,000pa.
Unit 2 - Wash & Go
101.5sqm (1,093sqft)
Let on a 5 year term from 31/07/25 at a rent of £6,600pa.
Unit 3 - Wash & Go
102.5sqm (1,103sqft)
Let on a 5 year term from 01/08/25 at a rent of £6,600pa.
Unit 4 - In Disguise
250.6sqm (2,697sqft)
Let on a 5 year term from 01/08/25 at a rent of £6,276pa.
House - Brendalan
116sqm (1,249sqft)
Let from 01/08/25 at a rent of £9,000pa.
An excellent investment opportunity comprising a fully let, mixed-use property arranged to provide four self-contained retail units, together with a well-presented three-bedroom residential dwelling. The asset produces a strong combined annual rental income of £34,476.
Situated in a thriving and well-established location, the property offers a strong blend of secure long-term income and future growth potential, making it an attractive proposition for both experienced investors and those looking to expand or diversify their portfolio.
Unit 1 - Sheds of Wool
190.7sqm (2,053sqft)
Let on a 5 year term from 01/09/25 at a rent of £6,000pa.
Unit 2 - Wash & Go
101.5sqm (1,093sqft)
Let on a 5 year term from 31/07/25 at a rent of £6,600pa.
Unit 3 - Wash & Go
102.5sqm (1,103sqft)
Let on a 5 year term from 01/08/25 at a rent of £6,600pa.
Unit 4 - In Disguise
250.6sqm (2,697sqft)
Let on a 5 year term from 01/08/25 at a rent of £6,276pa.
House - Brendalan
116sqm (1,249sqft)
Let from 01/08/25 at a rent of £9,000pa.
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Monthly repayment
£1,700 per month
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