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Two lock-up garages in Morpeth

Morpeth, NE61 - Get Access

Description

An opportunity to acquire two long leasehold lock-up garages situated to the rear of an established retail parade, located to the south of Morpeth town centre. The garages are accessed just off the A192, an arterial road into Morpeth, and lie within a short walk of Morpeth Train Station in a predominantly residential area. The location benefits from good road connectivity with easy reach of the A1. The lot comprises two lock-up garages within a block, each measuring approximately 2.4m (7.8 ft) in width, 5.3m (17.7 ft) in depth, and 2.4m (7.8 ft) in height, providing a size of circa 138 sq ft per garage. They offer a potential income of £960 per annum per garage, making them ideal for investors, owner occupiers, and commuters. Viewings are available via roadside at any time.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 1,087 sq ft (EPC)

Valuing these two semi-detached lock-up garages off Heathfield requires looking at income potential alongside local property context. The garages sit in a predominantly residential area south of Morpeth town centre close to the station. Condition is fair, showing some surface weathering on the doors and exterior trim. Floor area is derived from listing details and site measurements indicating approximately 138 sq ft per unit.

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