St Thomas Workshop, Alnwick, Northumberland, NE66 1DX
Investment Highlights
Fully occupied Multi-Let Industrial complex
Comprising 6 units plus EE telecoms mast
£21,317 pa net income.
Net initial yield of 8.31%
Low £68.74 psf capital value
Chris Donabie
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Fergus Laird
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Location
The estate is located near the centre of the Northumberland market town of Alnwick in a predominantly residential area.
Alnwick is a market town located just off the A1 approximately 35 miles north of Newcastle upon Tyne and 35 miles to the south of Berwick on the Scottish Border.
Description
The property comprises a detached terrace of six units all with full height roller shutter doors under a pitched profile steel roof.
Terms
Freehold subject to the occupational tenancies which are drawn on effectively fully repairing and insuring terms by way of a maintenance rent and as detailed within the schedule.