Clayport Street, Alnwick, Northumberland, NE66 1JU
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Restaurant for sale
Key features
- Excellent Public Transport Links
- Highly Sought After Central Town Location
- Recent Lease Achieved 9% Gross Yield.
- Development Potential STPP
Description
We are pleased to offer to auction this substantial mixed-use premises, superbly located on the vibrant Clayport Street in the heart of Alnwick town centre. The property has most recently operated as a successful Chinese takeaway, benefitting from a prominent position close to other commercial outlets and just a short distance from key local amenities.
Alnwick is a thriving tourism and heritage hub, renowned for Alnwick Castle (a Harry Potter filming location) and The Alnwick Garden, attracting year-round visitors. The town centre has a traditional layout with a strong sense of community and boasts a mix of national retailers, local independents, cafes, restaurants, and service providers. It has consistently ranked as one of the best places to live in the North of England due to its combination of character, convenience, and quality of life.
PROPERTY OVERVIEW
The premises extend to approximately 1,800 sq ft across two floors. The ground floor comprises a commercial takeaway space, including:Two kitchen areas; Cloakroom WC; Seating/waiting area
The first floor offers additional space which, subject to the relevant local authority consents, could be reconfigured into a spacious two/three-bedroom apartment – presenting excellent scope for development and value enhancement. The premises were most recently leased at £1,350 per calendar month, with the lease expiring in May 2025 which represents a 9% yield on investment. The property is offered with vacant possession. With a simple 2/3 bedroom flat converted above the property offers great potential investment yield especially located in such a sought after town.
LOCATION & AMENITIES
Alnwick is a sought-after Northumberland market town steeped in history and charm. It offers a range of excellent local amenities, including:
Transport links are strong, with Alnmouth Railway Station located approximately 4 miles away, offering direct train services to Edinburgh and London Kings Cross, making this an excellent location for commuters or visitors. Additionally there is a good public bus service with buses to Berwick and Newcastle and surrounding villages
PRIMARY SERVICES SUPPLY
Electricity: Mains
Water: Mains
Sewerage: Mains
Heating: Mains
Broadband: Fibre available
Mobile Signal Coverage Blackspot: No
Parking: On-street
MINING
The property is not known to be on a coalfield and is not known to be directly impacted by mining activity. While the North East is renowned for its mining heritage, conveyancer confirmation is advised.
TENURE
Freehold
EARLY VIEWING IS STRONGLY ADVISED TO AVOID DISAPPOINTMENT
LOCATION AND CONNECTIVITY
LOCATION & CONNECTIVITY
Alnwick is a historic and picturesque market town in Northumberland, located approximately 32 miles north of Newcastle upon Tyne and 5 miles inland from the North Sea coast.
By Road: Alnwick is directly accessed via the A1 dual carriageway, with a dedicated junction that brings you into the town via the A1068 or B6341. The A1 provides fast and direct access both north toward Berwick-upon-Tweed and the Scottish Borders, and south to Newcastle, Morpeth, and Durham. By Rail: The nearest mainline station is Alnmouth for Alnwick, approximately 4 miles to the east, easily accessible by car or local bus. The East Coast Main Line offers direct rail services to Edinburgh, Newcastle, York, and London King’s Cross. By Air: Newcastle International Airport is about 35 miles to the south, reachable in 45 minutes by car, offering domestic and international flights.
LOCAL AMENITIES
Alnwick offers a range of excellent local amenities, including:
Alnwick Infirmary – a Minor Injuries Hospital with community health services
Supermarkets such as Morrisons, Sainsbury’s, Lidl, and Marks & Spencer Food Hall
Educational facilities, from primary to secondary level
A bustling town centre with independent shops, cafes, and restaurants
Nearby tourist attractions include Alnwick Castle and The Alnwick Garden
PROPERTY OVERVIEW
The premises extend to approximately 1,800 sq ft across two floors.
The ground floor comprises a commercial takeaway space, including: Two kitchen areas; Cloakroom WC; Seating/waiting area.
The first floor offers additional space which, subject to the relevant local authority consents, could be reconfigured into a spacious two/three-bedroom apartment – presenting excellent scope for development and value enhancement.
TENURE
Freehold titles- Title reference numbers ND193207 & ND113528. Lease expired earlier this year
RATEABLE VALUE
Current rateable value (1 April 2023 to present)
£11,250
COUNCIL TAX BAND
Council tax band for flat at 8 Clayport street. Band A
EPC
Available upon request (Rating C).
FURTHER INFORMATION
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
INVESTMENT POTENTIAL
A terrific investment opportunity, with potential to convert the upper floors for residential use while maintaining the profitable commercial use below. With a previously achieved rent of £1,350 PCM, the property offers excellent rental yield potential upon re-letting or redevelopment.
Brochures
Clayport Street, Alnwick, Northumberland, NE66 1JU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Alnmouth Station3.2 miles
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pattinsons, Pattinsons Commercial North East on 0191 743 9260.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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