Property Summary


Guide Price £295,000

Branch Details


Alnwick

0333 920 2220

alnwickresidential@georgefwhite.co.uk

4-6, Alnwick, NE66 1TL

Seabreeze Shop, Beadnell

Chathill

Investment Sale. New 9 year lease agreed producing £13,000/annum. Good location within popular holiday destination on Northumberland Coast. Very visible site from road.

Run as a successful, well established, convenience shop in the heart of Beadnell. Currently let on a 9 year term, with expiry in May 2021. The annual rent is £13,000 per annum. Terms have been agreed to renew the lease from the date of expiry for a further 9 years at the same rent. The Freehold interest is for sale subject to the occupational leases. The Tenant’s business is not affected.

The property extends to 97.06 sq m (1,045 sq ft).

The Freehold of this attractive site is available for sale subject to the occupational lease and the benefit of the right to receive the rental income of £13,000 per annum, subject to 3 yearly rent reviews for the new 9 year term.

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