Video TourDescription
PRIME TENANTED INVESTMENT OPPORTUNITY*** TWO tenanted commercial premises in PRIME TOWN CENTRE location. IMMEDIATE RENTAL INCOME OF £35,600P/A. Previously SOLD for £850,000 (2014)
72 (& part 74) Marygate - Ground and first floor LET to New Look at £20,000P/A until Sep 2028. 74 Marygate - Ground floor let to Holland and Barrett at £15,600P/A until June 2026.
HIGH VOLUMES OF PASSING TRADE*** Nearby occupiers include B&M, Boots the Chemist, Caffè Nero, Costa, Greggs, WHSmith and Sports Direct.
PRIME TRADING LOCATION*** Situated on the north side of Marygate, in the heart of the town centre.
PRIME TENANTED INVESTMENT OPPORTUNITY*** TWO tenanted commercial premises in PRIME TOWN CENTRE location. IMMEDIATE RENTAL INCOME OF £35,600 PER ANNUM. Comprises two adjoining shops arranged on the ground and first floors. The first floor provides ancillary accommodation and is accessed via an external ladder to the rear of the property. 72 (& part 74) Marygate - Ground and first floor LET to New Look at £20,000P/A until Sep 2028. 74 Marygate - Ground floor let to Holland and Barrett at £15,600P/A until June 2026. Holland & Barrett in occupation since June 2007 and New Look in occupation since 2011. PRIME TRADING LOCATION*** Situated on the north side of Marygate, in the heart of the town centre. HIGH VOLUMES OF PASSING TRADE*** Nearby occupiers include B&M, Boots the Chemist, Caffè Nero, Costa, Greggs, WHSmith and Sports Direct.
Berwick also has a selection of leisure and sports clubs, banks, public houses, cafes, restaurants and The Maltings theatre and cinema. There is a main line railway station which has regular trains to both Edinburgh, Newcastle and London, both Edinburgh and Newcastle.
Full Address: 72-74 Marygate, Let Portfolio Investment, Berwick-upon-Tweed, TD15 1BN
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Map Street View SatelliteSpecial Terms of Sale
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Buyers Fee (?) 1% of Sale Price (Minimum of £3250 +vat)
Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 23rd June 2026
Rent: £35,600 per year / £2,967 per month
Yield: 11% (approx)
Tenant: Private Individual
Notes: 72 (& part 74) Marygate - Ground and first floor LET to New Look at £20,000P/A until Sep 2028. 74 Marygate - Ground floor let to Holland and Barrett at £15,600P/A until June 2026.
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Pricing Information & Bidding
Guide Price: £348,000
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Submit Offer NowSPECIAL Terms of Sale
- 10% Deposit
- Buyers Fee = 1% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.
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Auction Details
Type: Deadline for Offers
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