From
£290,000
Property for saleMarygate, Berwick-Upon-Tweed TD15
About this property
To be offered on Wednesday 30th September
Freehold Retail Parade Investment
Well located on Marygate, an established trading location
Let to Holland & Barrett and New Look(1)
Nearby occupiers include Boots (adjacent), B&M, Greggs any many more
Providing an asset management or owner occupier opportunity
Erv c. £40,000 p.a.
VAT is applicable
Investment let at £15,600 p.a.
Auction Sale - 29/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Freehold retail parade investment let to Holland & Barrett and New Look, generating £15,600 per annum and offering attractive asset management potential.
Description
The property is arranged over ground and one upper floor to provide two ground floor shops with an upper floor.
Location
Occupying a prominent position on Marygate, Berwick-upon-Tweed's principal retailing thoroughfare, the property is situated in the heart of the town centre amongst a strong mix of national retailers. Berwick-upon-Tweed is a historic market town located on the Northumberland coast, approximately midway between Newcastle upon Tyne and Edinburgh, benefitting from excellent connectivity via the A1 and East Coast Main Line railway services.
Nearby occupiers include Boots, B&M, Costa Coffee, Greggs, WHSmith, Sports Direct and Caffè Nero, helping to drive strong levels of pedestrian footfall.
Transport
Rail Berwick-upon-Tweed Railway Station is approximately 0.5 miles to the east and provides regular East Coast Main Line services to Edinburgh (approximately 45 minutes), Newcastle upon Tyne (approximately 45 minutes) and London King's Cross.
Road The property benefits from excellent road communications, with the A1 located to the west of the town providing direct access north to Edinburgh and south to Newcastle upon Tyne and the wider UK motorway network.
Air Newcastle International Airport and Edinburgh Airport are both accessible via the A1 and rail network, providing a range of domestic and international flight connections.
Tenancy
Please see the below Schedule of Accommodation and Tenancies
Accommodation
72/74 Marygate
Ground Floor - 187.94 sqm (2,023 sq ft)
1st floor - 66.43 sqm (715 sq ft)
Sub-total - 254.37 sqm (2,738 sq ft)
74 Marygate
Ground Floor - 116.69 sqm (1,256 sq ft)
Total - 371.06 sq m (3,994 sq ft)
Mortgage calculator
£1,450 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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