30-32 Newgate St - Storefront FOR SALE


Morpeth, NBL NE61 1BA
$815,000 USD
167-033-3527
30-32 Newgate St, Morpeth, NBL for Sale
$815,000 USD
Storefront - FOR SALE
1/2
null | 9.23% Cap Rate

30-32 Newgate St
Morpeth, NBL NE61 1BA


HIGHLIGHTS

  • Located in Morpeth, an attractive and affluent market town in Northumberland
  • The property is situated on Newgate Street
  • Morpeth has excellent transport links via road and rail to neighbouring towns and cities

OVERVIEW

Instructed to seek offers in excess of £815,000 (exclusive of VAT) reflecting a net initial yield of approximately 9.23% assuming purchasers’ costs of 5.51%.

FOR SALE DETAILS

PRICE

$815,000 USD

PRICE/SF

$217 USD /SF

CAP RATE

9.23%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,377 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Daniel CapobassoDelta Capital Property InvestmentMore Info
167-033-3527

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Daniel CapobassoDelta Capital Property InvestmentMore Info
167-033-3527

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.