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Get brand editions for Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties
COMMERCIAL

5/5a Narrowgate, Alnwick

£220,000
Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Two storey tenanted sandstone building within conservation area
  • Rental income £18500 per annum
  • Generating rental yield of 8.4% on asking price
  • Commercial tenant on a new 5 year lease
  • Long standing tenant in residential flat
  • Excellent investment opportunity

Description

Property for sale. Mixed use investment. Rental income £18,500 per annum. Generating rental yield of 8.4% on the asking price.
Fully tenanted two storey sandstone property, set in the heart of historical Northumberland town centre. Ground floor cafe tenant, on a new 5 year lease, with rental income of £9,500 per annum and upper floor residential, long-term, tenant, bringing in a rental income of £9,000 per annum. Prime position and a great investment opportunity, within a great tourist area. Close proximity to Alnwick Gardens and Alnwick Castle.
EPC: B/C
Freehold: £220,000
Ref I556

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Full Details

Energy Performance Certificates

Energy Performance Certificate

5/5a Narrowgate, Alnwick

Approximate location
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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Alnmouth Station3.2 miles
Get brand editions for Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties

About Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties

Newcastle House Albany Court, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YB
Industry affiliations:

Rook Matthews Sayer Business Sales and Rook Matthews Sayer Commercial are divisions of RMS which is widely recognised as one of the region's leading names in property services.

RMS employs around 120 people in the group's 15 offices with our dedicated business sales and commercial department based at our Head Office in Newcastle dealing with a wide range of businesses and property throughout the North East from North Yorkshire to the Scottish Borders.

We have over 40 years of experience in advising buyers and sellers of businesses and our market leading service is uniquely placed to maximise value

Notes

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Disclaimer - Property reference 12915479. 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 Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties. 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.

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