Back to properties

Town Centre Freehold Betting Office Investment

53-55 Marygate, Berwick-upon-tweed, Northumberland, TD15 1AX

£220,000
Commercial
About this Property
2025-07-17
220000
Traditional
Commercial
Description

Commercial freehold betting office investment located at 53-55 Marygate, Berwick-upon-Tweed, Northumberland, TD15 1AX. The property comprises a betting office let to Ladbrokes Betting & Gaming Limited on a lease expiring in 2032, with a rent review scheduled for 2027. The total betting office accommodation extends to 117.80 sq m (1,268 sq ft) and has been extensively refurbished by the tenant. Additionally, there are three flats above the betting office sold off on long lease. The property is situated in a prominent town centre location, adjacent to Vision Express, with nearby occupiers including Costa, Greggs, Vodafone, and WH Smith Savers. VAT is not applicable.

Location
More Information
Freehold
Marygate
Planing Authority
Northumberland LPA
Sold Price History
02 May 2024Sold Lot Allsop£350,000
20 Mar 2025Unsold Lot Allsop£395,000

Interested in this lot?

GO TO THIS LOT

More Listings from this Auctioneer

Other listings nearby