Free Valuation
Our team of specialists will advise you on the real value of your property. Click here. You will be redirected to a third party website.
5/5a Narrowgate, Alnwick
£220,000
5/5a Narrowgate, Alnwick
Narrowgate 5 & 5a Alnwick NE66 1JH UK
Features
- Commercial tenant on a new 5 year lease
- Excellent investment opportunity
- Generating rental yield of 8.4% on asking price
- Long standing tenant in residential flat
- Rental income £18500 per annum
- Two storey tenanted sandstone building within conservation area
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
Downloads
Property Documents
Energy Performance Certificate
Overview
- Commercial, Sale
- 0
- 0