Morpeth Syndicate
About this property
A three storey mid terrace shop in a prime position on Bridge Street in the centre of Morpeth, a historic Northumberland market town with a strong local catchment and year round visitor trade. The building is brick built with a rendered front elevation under a pitched concrete tiled roof and stands in a terrace of similar properties. It extends to approximately 2,011 sq ft net internal, with a yard to the rear giving parking for two or three cars together with a loading area and refuse storage.
The whole is let to Oxfam. The ground floor is a double fronted sales area with a store behind, and there is further storage and staff accommodation on the upper floors. Bridge Street is the town's principal shopping pitch, with retailers nearby including WH Smith, White Stuff, Greggs and Costa, and a small shopping centre behind it containing a Marks & Spencer store and food hall.
- Oxfam
Retail
This syndicate is closed to new investment.
At a glance
- Type
- Retail
- Address
- 27 Bridge Street, Morpeth, NE61 1PE
- Initial yield
- 7.27%
- Syndicated
Initial yield is the net initial yield at the date that building was syndicated. It is a historic figure for that date and is not an indication of the income or the return available now or in future. Past performance is not a reliable indicator of future results.
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