Freehold Commercial site in Morpeth For Sale

Business description

Freehold site on a prominent position on the well established Coopies Lane Industrial Estate in Morpeth. The existing occupier has been in situ for 23 years and is selling the freehold interest on the site which is approximately 0.33 acres in area. Primarily an open tarmacced space with a single storey, steel & concrete building located on the eastern edge of the site. The site is fenced on three sides (with gated access) and bordered by neighbouring building to the south edge. Subject to planning, an ideal site to develop for industrial / warehouse use.

Property information

Property:

Freehold

Location:

The site is on the main thoroughfare through the well established Coopies Lane Industrial Estate in Morpeth. Prominent position on a bend in the Coopies Way road, the site is neighboured by large warehouse / wholesale premises occupied by established businesses.

The industrial estate is on the southern edge of Morpeth, is longstanding and has a number of national and local concerns as its occupants. The estate is within a few miles of the main A1 trunk road and borders the main London-Edinburgh main railway line at its northern edge. Coopies Lane lies about 1 mile from Morpeth town centre.

Morpeth is located approximately 15 miles north of Newcastle upon Tyne, bypassed by the main A1. A market town with strong a residential market, Morpeth is a popular place for people to live given its proximity to Newcastle upon Tyne, whilst it is regarded as the gateway to the beautiful countryside and coast of Mid & North Northumberland.

Other information

Reasons for selling:

The vendor is retiring and continuing business on a much smaller scale from home.

Financing available:

Renown Commercial are independent commercial finance brokers and associate members of the National Association of Commercial Finance Brokers (NACFB). Please contact us on 01670 735444 or at enquiries@renown-commercial.com for more information.