£140,000

Retail premises for sale

  1. Property photo 1 of 1.

£140,000

(£167.06/sq. ft)

Retail premises for sale

Fenkle Street, Alnwick NE66

838 sq. ft

Local area information

Property location

Nearby amenities

  • Barndale House School (SEN) 0.2 miles
  • St Michael's Church of England Primary School 0.2 miles
  • Alnmouth 3.2 miles
  • Acklington 7.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Alnwick to find out more about the local area.

Features and description

  • Popular Secondary Town Centre Location
  • Three Storey Premises
  • Staff Kitchen and WC Facilities
  • Stone Block Construction
  • Alternative Uses Considered
Location


Alnwick is located approximately 30 miles north of Newcastle upon Tyne along the A1. It serves as the seat of the Duke of Northumberland and has a current population of around 8,500. During the tourist season, the town experiences a significant influx of visitors, estimated at over 60,000. Major attractions include Alnwick Castle and Alnwick Garden.

Fenkle Street is situated to the northwest of the town centre, close to the Market Place and Alnwick Castle. It has long been a popular retail area for local traders. This section of Fenkle Street is near Clayport Street, which connects to the Market Place and Bondgate Within. Fenkle Street also benefits from short stay on-street parking.
Accommodation


The property includes the following gross internal areas:

Ground Floor 29.91 sq m / 322 sq ft
First Floor 24.00 sq m /258 sq ft
Second Floor 24.00 sq m / 258 sq ft
Total 77.91 sq m / 838 sq ft
Terms


The premises are available by way of a new full repairing and insuring lease at a rent of £12,000 pa. All other terms are to be agreed by negotiation.

The freehold interest in the property is available to purchase for offers in the region of £140,000.
Rating assessment


The rating assessment currently appearing on the Valuation List is as follows:

2023 £6,400

The Small Business Rate for the year 2024/2025 is 49.9 pence in the pound.
Anti-money laundering


In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the successful tenant.
Legal costs


Each party to bear their own legal costs incurred in the transaction.
Energy performance


The property has an Energy Performance Certificate rating of D(84).
VAT


We understand the property is not elected to tax.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - George F White.. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact George F White. for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Northumberland
  4. Alnwick
  5. Fenkle Street