Retail premises for sale in Bondgate Within, Alnwick NE66

Location

Alnwick is situated approximately 30 miles to the north of Newcastle upon Tyne on the A1. It is the seat of the Duke of Northumberland, with a current population of circa 8,500 with a considerable influx of visitors during the tourist season to Alnwick Castle, the Castle Garden and the Lilidorei attraction.
The town has expanded considerably in the course of the last 20 years with an industrial estate to the east of the A1, a new office park and retail parks. It still has a vibrant town centre and the subject property is well located to banks, estate agents and other professional occupiers and close to the market place.
Alnmouth is approximately 3 miles to the east with its mainline rail connection to Edinburgh and London.

WHAT3WORDS
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Description

The subject property provides ground floor accommodation used as a shop. The property has the benefit of a sales area with WC, staff area and basement storage.

Accommodation

The property includes the following gross internal areas:

Ground Floor Zone A - 25.4 sq m / 274 sq ft
Ground Floor Zone B - 20.9 sq m / 225 sq ft
Ground Floor Storage - 4.1 sq m / 43 sq ft
Staff Room - 11,3 sq m / 123 sq ft
Total - 61.7 sq m / 665 sq ft

Rating assessment

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

Shop & Premises - £9,500

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 D89.

VAT

All figures are exclusive of VAT where chargeable.

Proposal

Offers in excess of £200,000 (Two Hundred Thousand Pounds) are invited for the long leasehold (approx. 986 years remaining) interest in the property.

Alternatively, our client may consider a letting the premises. Please enquire for further details.