Property
19 FENKLE STREET, ALNWICK, NORTHUMBERLAND, NE66 1HW
A mid-terraced, three-story building of stone block construction with a pitched slate roof. The property benefits from short-stay parking immediately in front.
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:
| Name | M² | Ft² |
| Ground Floor | 29.91 | 322 |
| First Floor | 24.00 | 258 |
| Second Floor | 24.00 | 258 |
| Total | 77.91 | 838 |
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:
| Rateable Value | £ |
| 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.
