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Bondgate Within, Alnwick, NE66 1TD, NE66

Offers Over
£550,000
Bradley Hall Chartered Surveyors & Estate Agents, Alnwick
PROPERTY TYPE

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Key features

  • Prestigious bank building
  • Busy town centre location
  • Total size of 660.00 m² (7,104 ft²)
  • Income producing but potential for vacant possession
  • EPC Rating – C 67 an updated EPC is to be provided

Description

LOCATION
Highly prominent prestigious building situated on Bondgate Within, Alnwick. Alnwick is an affluent market town in Northumberland and is a popular tourist destination with attractions such as the Alnwick Castle and Alnwick Gardens on the doorstep whilst Lilidorei the worlds largest childrens play park has recently opened and will attract further visitors to the town in 2023.

Bondgate Within is a popular shopping street in Alnwick with a number of local and national operators which includes Greggs, M&Co, Yorkshire Trading Company, Boots, Halifax and Hardy Fishing Store. The main public car parking spaces within the town are located to the rear of Bondgate Within

DESCRIPTION
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.

ACCOMMODATION
We calculate the approximate net internal floor areas to be as follows:

Ground Floor 246.00 m² 2,648 ft²
First Floor 189.00 m² 2,034 ft²
Second Floor 189.00 m² 2,034 ft²
Basement Floor 36.00 m² 388 ft²
Total 660.00m² 7,104 ft²

Lease Details
The property is currently let as a whole to Lloyds Bank Plc on a 5 year FRI lease from 25 December 2022. The lease will expire on 24 December 2027. The passing rent is £35,000 per annum. Lloyds sublet part of the upper floors to Warcup Law Firm on a contracted out lease at a rent of £7,950 per annum. Lloyds have confirmed their intention to vacate the property from January 2025 providing the opportunity to agree surrender agreement for those looking for vacant possession.

EPC RATING
A new EPC rating is to be undertaken. The expired rating was C – 67.

RATING ASSESSMENT
The rateable value of the premises as at 1 April 2023 is £30,850 and the estimated rates payable for the current year is £15,394.15 This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.



Bondgate Within, Alnwick, NE66 1TD, NE66

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Alnmouth Station3.0 miles

About Bradley Hall Chartered Surveyors & Estate Agents, Alnwick

28 Bondgate Without Alnwick NE66 1PR

BH Group - Residential - Mortgages - Commercial - Planning & Design - Finance

We are a multi-disciplinary Chartered Surveying, property consultancy and Estate Agency with 30 years' experience of the local housing market. We present all properties large & small with professional photos & high quality lifestyle brochures as standard - you don't get a second chance at a first impression. We cover all of the costs of your property coming to the market and only bill our fee on the sale of your property. You can rest easy that our team are motivated to provide Results That Move You.

We are a truly regional independent company, operating from our offices in Durham, Sunderland, Newcastle City Centre, Gosforth, Morpeth, Hexham and Alnwick. Our residential team is made up of highly qualified, motivated staff who pride themselves on offering an unrivalled personal service to homebuyers, sellers, landlords and house builders. We guide you through the sales and lettings process from instruction through to completion and strive to make this journey a happy one!

With our in-depth local knowledge, we are best placed to provide advice on the valuation, acquisition, management, disposal and letting of a wide range of homes. Our extensive marketing and negotiation skills enable us to get the best deal for you in a timely and efficient manner. We also provide consultancy services on a diverse range of regeneration projects, from city centre residential developments to mixed-use out-of-town schemes.

We are proud to have a highly dynamic sales team with a key focus on customer service and sales progression and an expert marketing team with the ability to produce outstanding results with a key focus and in house investment on social media channels which is now a proven and progressive way to reach out to all parties with a particular focus on buyers.

BH Mortgages:

Not only do we look after your property, we also have a professional team of highly qualified and experienced mortgage and protection experts on hand who will assess your individual circumstances and provide you with advice, individually tailored to your needs and requirements.

Finding the right mortgage can be tricky - Our team has access to 1000's of the latest deals, access to exclusive deals that often can't be sourced online, or even via the bank direct, ensuring you have the most competitive and suitable mortgage available for your personal circumstances.

Contact us today for more information.

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Disclaimer - Property reference ALN240229. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bradley Hall Chartered Surveyors & Estate Agents, Alnwick. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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