24 Bondgate Within 5,569 SF Vacant Retail Building Alnwick NE66 1TD £550,000 (£98.76/SF) 6.36% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Prestigious Bank Building
- Busy town centre location
- Income producing but potential for vacant possession
EXECUTIVE SUMMARY
The property is one of the most attractive buildings positioned in Alnwick town centre with ornate stone elevations to the front. The building built specifically as a banking premises provides potential for a number of uses subject to planning permission. The property us arranged to provide banking hall on the ground floor, offices to the upper floors and basement storage.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
5,569 SF
Building Class
B
Year Built
1780
Price
£550,000
Price Per SF
£98.76
Net Initial Yield
6.36%
NOI
£35,000
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
4
Frontage
36 ft on Bondgate WIthin
AMENITIES
- Banking
1 of 1
NEARBY MAJOR RETAILERS
