Summary - 45 - 47 HIGH STREET WOOLER NE71 6BH
1 bed 1 bath Mixed Use
Let retail unit with development upside in Wooler town centre, 14.4% GIY..
- Producing £18,000 per annum in rent
- Quoted 14.4% gross initial yield on guide price
- Ground‑floor retail with first‑floor ancillary accommodation
- Victorian mid‑terrace in Wooler town centre, near national park
- Residential conversion possible, subject to planning consents
- Tenure/details and measured area not confirmed — check legal pack
- Incompletely documented; inspection and legal review advised
- No flood risk; fast broadband and affluent local area
A compact mixed‑use investment on Wooler High Street, currently producing £18,000 per annum. The mid‑terrace Victorian property houses a ground‑floor retail unit with ancillary accommodation above and sits in the town’s commercial heart close to cafes, shops and services.
The asset offers immediate income and clear upside: a quoted 14.4% gross initial yield on the guide price and residential development potential subject to obtaining necessary consents. Fast broadband, no flood risk and proximity to Northumberland National Park make the location attractive to visitors and local businesses.
Important cautions for buyers: the lot appears to be incompletely documented and should be treated as requiring inspection and legal review. Tenure details and measured internal area are not confirmed in the supplied information; any residential conversion would need planning approval. Prospective purchasers should review the full legal pack, floorplans and condition reports before committing.
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