Retail premises for sale in Market Place, Alnwick NE66
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
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. The town is an historical market town and the ancestral home of the Duke of Northumberland and Alnwick Castle. Alnwick benefits from a strong rural catchment as well as being a thriving international tourism destination. The development of the Alnwick Gardens dramatically increased tourist numbers to the town.
The property is situated within the Market Place within the centre of the town. The Market Place is a pedestrianized area that hosts a number of markets and entertainments events throughout the year providing a good focal point and attracting good levels of footfall. The buildings within the Market Place are comprised of a mix of retail, office and leisure properties providing a good mix of occupiers. Neighboring Streets host a number of national retailers mixed with well regarded and established local traders.
The property benefits from an additional second access onto Fenkle Street another popular residential street within the town centre and therefore creates a double fronted unit.
Description
The subject property comprises a mid terrace building which is arranged primarily over ground floor with a small ancillary office to the first floor.
The ground floor provides open plan retail accommodation fit out to a high standard by the current tenant. The property benefits from retail frontage onto both the Market Place and Fenkle Street, two of the main retail areas within the town.
The mezzanine level comprises ancillary office space.
Accommodation
Ground Floor 60.10 m² 647 ft²
First Floor 16.47 m² 177 ft²
Total 76.57 m² 824 ft²
Tenancy information
Tenant Occupied area Rent (Per annum) Lease Terms
Hotspur Gin Ltd 3 Market Place £21,000 3 year lease from 1st October 2021 until 30th September 2024.
Total £21,000
EPC rating
Awaiting EPC Ratings.
Terms
The subject property is available by way of freehold with a guide price of £265,000 (Two Hundred and Sixty Five Thousand Pounds).
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
Legal costs
Each party is to bear their own legal costs involved in the transaction.
Money laundering regulations
In accordance with the Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Bradley Hall, NE1 on +44 191 686 9796 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bradley Hall, and do not constitute property particulars. Please contact Bradley Hall for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.