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Commercial Property for sale

14 Fenkle Street/6 Paikes Street, Alnwick, Northumberland

Offers in Region of £275,000

Property Description

Full description

Investment/Retail Opportunity
• Town centre location • Retail unit on 2 floors • Substantial lower ground storage • Residential upper floor • Suitable for a variety of alternative uses subject to Planning Consent

The Area
Alnwick is a popular Market Town in North Northumberland approximately 20 miles north of Newcastle upon Tyne immediately adjacent to the A1 with good road, rail and air communication from Alnwick mainline station and Newcastle International Airport.

The town has expanded considerably in the last 10 years and the current population increases annually with over 500,000 visitors to the attractions of Alnwick Castle and Alnwick Gardens, Barter Books and the spectacular coastline and Cheviot Hills inland.

The subject property is well positioned adjacent to the prime shopping area of Bondgate Within.

The Property
A substantial retail outlet, long established for the retail of children’s and adult clothing. The availability results from the restructuring of the current proprietor’s business. Grade II Listed and benefitting from a double frontage to Paikes Street and Fenkle Street with a basement, ground and first floor retail/showroom with a separate access off Paikes Steet to a residential upper part on the third floor.

Details of internal layout:

Cellar 33.4 m² (359 ft²)
Ground Floor Retail 86.5 ft² (931 ft²)
First Floor Retail 64 0 ft² (688 ft²)

Second Floor Residential 76 m² (814 ft²)

The residential property comprises of 2 bedrooms, bathroom, separate WC, Kitchen and 2 reception rooms.

The owners may consider letting this property at a rent to be negotiated.

Property ref: 121_1599_4464752

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