ADDRESSFOR SALE - 3-5 FENKLE STREET, ALNWICK, NORTHUMBERLAND, NE66 1HH
TYPEResidential, Retail, Retail - High Street, Retail - Out of Town
TENUREFor Sale Freehold
POSTED ON20th June 2022
The property consists of a substantial stone building on 3 floors comprising 2 prominent shops and a central doorway providing access to the residential apartments above.
The two shops are let on full repairing and insuring terms with an annual service charge subject to an index linked uplift. In addition, there are 10 flats, which have been sold off long-leasehold. The flats were originally let in 1992 for 99 years and produce an annual ground rent of £875 per annum.
3 Fenkle Street comprises retail unit, and showroom with WC and staff area together with basement storage. 5 Fenkle Street comprises reception area and 2 treatment rooms with a staff WC and kitchenette.
Flats are accessed to the rear and over the upper floors.