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72-74 Marygate 3,994 SF 100% Leased Retail Building Berwick-Upon-Tweed $632,370 CAD ($158.33 CAD/SF) 10.09% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominently situated on the north side of Marygate
- 2 storey commercial development of traditional
- A prime retailing pitch
EXECUTIVE SUMMARY
Lot 38 is available for sale at an Allsop online auction to be held on Tuesday, 9th of December 2025.
The property comprises an investment opportunity for sale.
The asking price is £340,000 - £370,000, representing a gross initial yield of 10.47%.
The property comprises an investment opportunity for sale.
The asking price is £340,000 - £370,000, representing a gross initial yield of 10.47%.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
3,994 SF
Building Class
B
Year Built
1789
Price
$632,370 CAD
Price Per SF
$158.33 CAD
Cap Rate
10.09%
NOI
$63,818 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.82
Lot Size
0.05 AC
Frontage
43’ on Marygate
AMENITIES
- Accent Lighting
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NEARBY MAJOR RETAILERS
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72-74 Marygate
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