Property for sale. Mixed use investment. Rental income £18,500 per annum. Generating rental yield of 8.4% on the asking price.
Fully tenanted two storey sandstone property, set in the heart of historical Northumberland town centre. Ground floor cafe tenant, on a new 5 year lease, with rental income of £9,500 per annum and upper floor residential, long-term, tenant, bringing in a rental income of £9,000 per annum. Prime position and a great investment opportunity, within a great tourist area. Close proximity to Alnwick Gardens and Alnwick Castle.
EPC: B/C
Freehold: £220,000
Ref I556
