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Russell House Greenwell Rd 1,190 sq ft Office Property Alnwick NE66 1HB £150,000 (£126.05/sq ft)
Investment Highlights
- Investment opportunity
- Passing rent of £13,100 pa
- Convenient transportation links
- Excellent location in popular market town
- Short drive from Northumberland coastline
Executive Summary
The property comprises a detached office of brick construction with a dual pitched tiled roof. The majority of the property is held on a long-leasehold basis for a term of 999 years from 23 September 2022 at a ground rent of £1 per annum without review. The remaining part is freehold. There will be a restriction on the title whereby the property can only be used for commercial purposes.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Property Size
1,190 sq ft
Costar Property Class
B
Year Built
2003
Price
£150,000
Price per sq ft
£126.05
Tenancy
Single
Number of Floors
2
Typical Floor Size
811 sq ft
Plot ratio
1.00
Total Plot Size
0.03 ac
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Russell House | Greenwell Rd
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