St Thomas Workshop, Alnwick, Northumberland, NE66 1DX

Industrial

3,637 Sq Ft (337.88 Sq M)

For Sale

£250,000 for the Freehold

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

Interested in this property?
Please contact me

chrisd@naylorsgavinblack.co.uk 0191 232 7030

Fergus Laird

Interested in this property?
Please contact me

fergus@naylorsgavinblack.co.uk 0191 232 7030

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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.

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