Jobsons of Alnwick, Tower Showrooms, 1 Bondgate Within, Alnwick

LOCATION 

The subject property is located directly opposite Hotspur Tower, on the corner of Bondgate Within and Hotspur Street in Alnwick town centre. Bondgate Within forms part of the B6346 and is the main road through Alnwick town centre, linking with Narrowgate, Fenkle Street and Market Street. Bondgate Within benefits has a host of local and national occupiers including EB Bridal, Alnwick Arts and Crafts, Hardy’s Bistro, Fat Face, Bells & Sons, Caffe Tirreno, and Alnwick Playhouse.

Alnwick is a popular tourist destination and the property is just a short distance from Alnwick Castle and Gardens, Alnwick Golf Club and local car parking facilities.

DESCRIPTION 

The subject property comprises an end terrace building, which occupies a prominent corner plot. The property is well presented with return frontage on Hotspur Street and Bondgate Within.

The property is arranged over ground, first and second floors and provides ground floor retail space with an office, workshop, showroom and storage facilities to the first floor and further storage facilities to the second floor.

ACCOMMODATION 

We calculate the approximate net internal floor areas to be as follows:

THE BUSINESS

Jobsons of Alnwick is a unique and family run business which was established over 100 years ago. Jobsons of Alnwick is a retailer of some of the finest brands of Country Clothing, Footwear and Leather Goods. The business, which has an established reputation, is for sale due to retirement.

www.jobsonsofalnwick.co.uk

A full set of accounts are available on request.

EPC RATING 

D80

RATING ASSESSMENT 

The rateable value of the premises as at 1 April 2023 is £10,500 and the estimated rates payable for the current year is £5,239.50. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.

TERMS 

The property is available by way of a new lease with terms to be agreed at £20,000 (Twenty Thousand Pounds) per annum.

A premium of £100,000 (One Hundred Thousand Pounds) is sought for the fixtures, fittings and goodwill of the business.

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.

LEGAL COSTS 

Each party is to bear their own legal costs involved in the transaction.

ANTI-MONEY LAUNDERING REGULATIONS 

In accordance with the Anti-Money Laundering Regulations we are required to verify the identify of the Purchaser/Tenant. We will do so based on name and address data provided but we may also require you to provide two forms of identification. We will require the Purchaser/Tenant to provide proof of the source of income.