21-23 Bridge Street, Morpeth

Prominent Freehold town centre mixed use retail and residential investment.

• Let to Boots Opticians at £29,440 per annum until May 2029.

• Let to Greggs Plc at £30,500 per annum until December 2025.

• Ground floor retail totals 280.7m² (3,021ft²).

• Upper floors converted to provide 4 self-contained 2 bed apartments all with en-suite

bathrooms and open plan kitchen / living areas.

• Total rent passing of £96,240 per annum, 70% of which is let to national retailers.

• We are instructed to seek offers in excess of £1,300,000 equating to a net initial yield of 7.0% assuming purchasers costs at 5.51%.