SITUATION
The property is located on Victoria Terrace in Alnwick, a small market town in north Northumberland. The town is situated on the south bank of the River Aln, 32 miles south of Berwick upon Tweed and 34 miles north of Newcastle upon Tyne.
Victoria Terrace is within a mixed use area close to the town centre and benefits from being in close proximity to The Co-Operative and The Post Office.
DESCRIPTION
The property comprises a ground floor retail unit of 33.7m² (362.7ft²) with prominent glazed frontage and a 3 bedroom dwelling with side and rear garden. There is a conservatory and garage also to the rear as well as drive way to the side and rear access.
TERMS
The property is available for sale with an asking price of £… for the freehold interest.
RATING ASSESSMENT
Description
RV
Estimated Rates Payable
Ground floor
£2,200
£1,036.20
Retail Unit
We are advised that the rateable value of the premises as at 1 April 2010 is £2,200 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 47.1p in the pound. However, interested parties should confirm the current position with the Local Authority.
As a new occupier rights of appeal may exist against this assessment.
LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
VIEWING
For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.