This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

8-10 Sandgate

1,382 SF 38% Leased Office Building Berwick Upon Tweed TD15 1EP $361,247 CAD ($261 CAD/SF) 13.75% Cap Rate

Investment Highlights

  • Town Centre Location
  • Railway to Edinburgh, London and Newcastle-upon-Tyne
  • Close to all accomodation

Executive Summary

Mixed portfolio in a Town Centre Location. Four flats, hair salon and office premises. Allowing for vacant units quoting price reflects INITIAL YIELD of c. 10%.

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Subtype
Office/Residential
Building Size
1,382 SF
Building Class
B
Year Built
1844
Price
$361,247 CAD
Price Per SF
$261 CAD
Cap Rate
13.75%
NOI
$49,672 CAD
Percent Leased
38%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,382 SF
Slab To Slab
10’
Building FAR
0.91
Lot Size
0.03 AC

Amenities

  • 24 Hour Access
  • Fully Carpeted

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Ground-Ste 10
  • 855 SF
  • Office
  • Full Build-Out
  • Now

A ground floor self-contained unit occupying 855 SF available to let for £7,000 per annum. Three months rent free in lieu of tenant works to the property.

Space Size Space Use Condition Available
Ground-Ste 10 855 SF Office Full Build-Out Now

Ground-Ste 10

Size
855 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

Ground-Ste 10

Size 855 SF
Space Use Office
Condition Full Build-Out
Available Now

A ground floor self-contained unit occupying 855 SF available to let for £7,000 per annum. Three months rent free in lieu of tenant works to the property.

  • Listing ID: 31026540

  • Date on Market: 2024-02-23

  • Last Updated:

  • Address: 8-10 Sandgate, Berwick Upon Tweed TD15 1EP

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}