Fenkle Street, Alnwick, NE66

Contact Bradley Hall Alnwick

DESCRIPTION: The property formally used as a clothing store provides ground floor retail space and additional basement storage. The property benefits from a double retail frontage with access from Fenkle Street and Paikes Street. The unit provides 709 sq ft of ground floor retail space as well as a small kitchen and W/C. The Basement
benefits from a reasonable head height and provides
good useable storage space

LOCATION: Alnwick is an affluent market town approximately 33 miles north of Newcastle upon Tyne and 18 miles north of Morpeth. The town is easily accessed from the A1 motorway which lies immediately to the east of town. Alnwick benefits from a strong rural catchment as well as being a thriving international tourism destination, with the development of Alnwick Gardens dramatically increasing tourist numbers to the town.
The unit is located on a prime retail pitch within the town centre of Alnwick on Fenkle Street, close to the junction with Narrowgate. The property has a double frontage onto Fenkle Street and Paikes Street, which are both well established locations that benefit from high levels of footfall. Both streets enjoy a vibrant mix of occupiers including long successful local businesses and larger national retailers

ACCOMMODATION:
Ground Floor: 69.81 m² / 751.4 ft²
Basement: 26.25 m² / 282.5 ft²
Total: 96.06 m² / 1,033.9 ft²

EPC RATING: B - 40

RATING ASSESSMENT: The rateable value of the premises as at 1 April 2023 is £14,500 and the estimated rates
payable for the current year is £7,235.5. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.

TERMS: The property is available by way of a new lease, at a rent of Seventeen Thousand Five Hundred (£17,500) per annum, subject to terms.