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Retail Property (high street) for sale

9a Narrowgate, Alnwick, NE66 1JH

Under Offer 30 sq. m. | £50,000

Property Description

Commercial information

  • 322 sq ft (30 sq m)

Key features

  • Tenanted Investment
  • Ground Floor Retail Unit
  • Town Centre Position
  • Grade II Listed
  • Window Frontage

Full description

Tenure: Freehold

The subject property is a ground floor retail premises set within a grade II listed three storey mid-terrace, situated within the historic Northumberland town of Alnwick. The property is a tenanted investment, currently let on a tenancy at will basis at a rent of 4,320PA.
Interested parties should also note that the adjoining property, 9 Narrowgate, is also available for sale.

LOCATION
The subject property is located on Narrowgate within the town centre of Alnwick, Northumberland. The historic market town of Alnwick has been voted one of the best places to live in Britain. It serves a large area of Northumberland and also has a long tourist season, with over half a million tourists annually visiting two of its attractions, Alnwick Castle and The Alnwick Garden.

As such, much of the town caters for visitors of this nature that helps the local economy. Just as importantly however, the town centre provides vital services for a sizeable and rapidly growing local population and surrounding communities in North Northumberland.

Narrowgate itself is in the centre of the retail town centre. There are a number of well-established national and local retailers here as well as, licensed premises, offices and residential property.

ACCOMMODATION
GROUND FLOOR
Entrance and window frontage overlooking Narrowgate and Fenkle Street.
Main sales: 27m2
Kitchenette: 2.3m2
W.C.
NIA 29.6m2.

Basement storage not inspected.

TENURE
Leasehold. Title number ND87115. Held on a long term lease of 999 years.

RATEABLE VALUE
The adopted rateable value is 7,400 as effective from 01 APRIL 2010.

EPC
Available upon request.

VAT
Unless otherwise stated, all stated figures are expressed exclusive of VAT. We are advised that VAT is not payable on this transaction.


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