Back to Future Property Auctions

Two tenanted commercial premises

Berwick-upon-Tweed, TD15 - Get Access

Description

This prime tenanted investment opportunity comprises two adjoining commercial premises located in a prominent town centre position in Berwick-upon-Tweed. The properties currently generate an immediate rental income of £35,600 per annum. The accommodation includes two shops arranged over the ground and first floors, with the first floor providing ancillary space accessed via an external ladder at the rear. Number 72 (and part of 74) Marygate is let to New Look at £20,000 per annum until September 2028, with New Look having been in occupation since 2011. Number 74 Marygate is let to Holland and Barrett at £15,600 per annum until June 2026, with Holland & Barrett having been in occupation since June 2007. The location benefits from high volumes of passing trade and is situated on the north side of Marygate, in the heart of the town centre. Nearby occupiers include B&M, Boots the Chemist, Caffè Nero, Costa, Greggs, WHSmith, and Sports Direct. Berwick-upon-Tweed offers a selection of leisure and sports clubs, banks, public houses, cafes, restaurants, and The Maltings theatre and cinema. A mainline railway station provides regular services to Edinburgh, Newcastle, and London.