Million pound Morpeth investment sold by Bradley Hall

21-23 Bridge Street sits at the heart of Morpeth’s bustling town centre and is currently tenanted by Greggs and Boots Opticians on the ground floor, while the upper floors have been refurbished to provide four apartments. The sale of the mixed-use investment was facilitated by Harry Towers, Chartered Surveyor at Bradley Hall.

The site totals 3,021 sq ft of retail space and 3,672 sq ft of residential space, with the upper floors undergoing significant renovation to create four self-contained two-bedroom apartments with en-suite bathrooms and open plan kitchen and living areas.

The apartments have been completed to create additional housing opportunities for Morpeth residents, ideal for young professionals or those looking to be in the heart of the town.

The retail units are let by two large national firms- Greggs and Boots-, with neighbouring tenants including Costa Coffee, Superdrug and the popular Sanderson Arcade, home to a number of local and national businesses. The town’s shopping district sees a footfall of over 2.85 million each year, with footfall levels returning to pre-COVID numbers.

Harry Towers, Chartered Surveyor at Bradley Hall, commented on the sale of the property: “I am pleased to have supported our client to sell this fantastic mixed-use investment property in the popular town of Morpeth.

“We had lots of interest in the property, thanks to our comprehensive marketing campaign, and I am pleased that we could achieve a successful sale off a guide price of £1.3million.

“As a team, we pride ourselves on working proactively for each client, and alongside our strong digital presence, we ensure that we match the right buyers or tenants with each property-boosting the region’s economy.

“This is a key location in Morpeth, with a high footfall, and I am pleased Bradley Hall could support investment in the town.”

Bradley Hall’s Commercial Agency team support clients to sell, buy and lease properties across the North of England, with members of the team experts in office, retail, licensed and leisure, land and development, industrial, investment and acquisitions.

Harry Towers joined Bradley Hall in 2024 and has completed a number of significant deals since joining the firm, including work for national firm The Gym Group, which featured on CoStar’s top deals of the quarter list.

The firm, which was founded 36 years ago, has 13 Commercial Agents who work across Bradley Hall’s network of offices, providing end-to-end property support to clients across the UK.

Headed up by Director Richard Rafique, the team includes Lucy Mouter, William Reavley, Harry Towers, Callum Armstrong, Mae Gordon, Angus Todd, Mahir Mazhar, Michael McGhin, Joseph I’Anson, Benjamin Riddle, Josh Robinson and Paul Andrew, who provide agency services to clients from Berwick to Birmingham and further afield.

For more information on Bradley Hall’s Commercial Agency team, visit https://www.bradleyhall.co.uk/end-to-end-services/commercial/