Retail Property (high street) for sale

11 Narrowgate/30 Fenkle Street, Alnwick

Under Offer £175,000
359 sq. ft.

Property Description

Commercial information

  • 359 sq ft (33 sq m)

Full description

Tenure: Freehold

LOCATION
Alnwick, the traditional County town of Northumberland, is an important market town situated just off the A1 Trunk road, some 34 miles north of Newcastle upon Tyne. The town has a busy centre deriving trade from the wide local catchment and a vibrant year round tourist trade with visitors drawn by Alnwick Castle, which has increased in popularity due to films such as Harry Potter being shot here, and The Alnwick Garden. Alnwick is also a popular centre for visitors to the Northumberland coast and inland attractions. There is an important rail link with Alnmouth Station, some three miles to the east of Alnwick being a stop on the main London to Edinburgh mainline railway.

The centre of the town is the market place. Surrounding the market place are the main shopping streets: Narrowgate, Fenkle Street and Bondgate Within. The subject property lies at the junction of Narrowgate and Fenkle Street. A number of national multiple retailers including WH Smiths, Boots, Dorothy Perkins, M&Co and Joules are located nearby with a large number of independent traders operating throughout the town centre area. A traditional market operates in the town on Fridays and Saturdays. Free on-street parking is available around the town centre as well as more extensive restricted or all day parking available off Greenwell Road to the north east of the town centre.

DESCRIPTION
The property comprises an unusual and landmark building commanding the approach to the town centre from the north west. The building, which occupies a fully developed acutely pointed corner site, has a narrow splay frontage with its principal frontages to Narrowgate and Fenkle Street. It was built in the mid 19th Century as a Savings Bank and is arranged to provide a customer and display area plus workshop on the ground floor with storage to the cellar together with residential accommodation on three floors above. The walls are formed in ashlar dressed stone with a slated mansard roof.

The commercial ground floor and cellar accommodation has most recently been used for the repair and restoration of valuable and antique clocks. This space would be suitable for a variety of retail and commercial uses. The residential accommodation is self-contained with access off the Narrowgate frontage. The principal rooms to the first and second floors are located at the corner end of the building and provide interesting living space at first floor level and bedroom space at second floor level with windows to three of the walls.

There is also a kitchen at first floor level and a second bedroom to the second floor. Within the mansard roof at attic level there is a bathroom and further room which has restricted height access. The residential accommodation benefits from radiator central heating but requires some upgrading and modernisation.
The property provides an opportunity for an owner/occupier to "live above the shop ", or alternatively for an investor/developer to carry out some refurbishment work to create interesting commercial and residential accommodation to lease, either as a whole or individually, to create an investment.

ACCOMMODATION
We have measured the ground floor and cellar accommodation as providing the following net internal areas:
Ground floor:
Customer and display area 11.73 sq m (126 sq ft)
Workshop 6.62 sq m (71 sq ft)

Cellar: storage 15.00 sq m (161 sq ft)

TOTAL 33.35 SQ M (359 SQ FT)

We have measured the upper floor residential accommodation as extending to a total gross internal area of approximately 76.14 sq m (820 sq ft. This is arranged as follows:

Ground floor:
Entrance hall
First floor:
Living room
Kitchen
Second floor:
Two bedrooms
Third floor:
Bathroom comprising bath, wash basin and w.c. Room with restricted height.

AMENITIES
The ground floor and cellar accommodation has most recently been used for the repair and restoration of antique clocks but would be suitable for a variety of commercial uses subject to all necessary consents being obtained. We recommend that interested parties contact the Planning Department at Northumberland County Council to make their own enquiries.

The building is situated in Alnwick Conservation Area and is Listed Grade II for its special architectural or historical interest.

TERMS
The freehold interest in the whole of the property is available for sale with full vacant possession at offers above £175,000. The property is not registered for VAT.

OUTGOINGS
The ground floor and cellar is currently entered into the Valuation List with a rateable value of £2,700. The upper floor residential accommodation has a Council Tax banding A.

LEGAL COSTS
Each party is to bear their own legal costs in connection with the sale of the property.

VIEWING
Viewing is strictly by appointment with YoungsRPS, sole agents: ref Michael Blake or Paul Fairlamb.

Telephone: 0191 2610300
e-mail: michael.blake@youngsrps.com


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Alnwick Station (0.6 mi)
  • Alnmouth (3.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Youngs RPS Limited, Newcastle

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0061 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Alnwick Station (0.6 mi)
  • Alnmouth (3.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Youngs RPS Limited, Newcastle

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0061 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100897006293. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Youngs RPS Limited, Newcastle. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.