Guide price
£240,000
(£171.55/sq. ft)
Restaurant for saleVictoria Crescent, Alnwick NE66
1,399 sq. ft
EPC Rating: C
About this property
Excellent Investment opportunity 8.5-9% Gross Yield Potential
Ready To Go Business and Fully Let Property
Good Footfall Location Close to High School
Regarded as One of Best Places to Live in UK
Summary
An excellent opportunity to acquire a well-positioned mixed-use property in the heart of Alnwick, combining a former fish and chip shop with a spacious three-bedroom duplex apartment. Located opposite a Co-op and benefiting from strong passing trade and consistent footfall, the property is ideally suited for investors or owner-occupiers seeking both commercial and residential income streams. The property is within easy walking distance of local amenities, including The Duchess's Community High School, and is less than a 10-minute walk from Alnwick town centre, making it a highly desirable and accessible location.
The commercial unit has most recently been operated as a fish and chip shop and is fitted with a traditional service counter and preparation areas, offering a ready-made opportunity for reinstatement or adaptation to alternative uses subject to any necessary consents.
The residential accommodation is arranged as a well-proportioned three-bedroom duplex apartment, accessed separately and offering comfortable living accommodation.
Externally, the property benefits from side access leading to a private garden area, offering outdoor space for both residential use and commercial practicality. A significant advantage is the large double garage, providing excellent storage, workshop potential, or additional rental opportunities.
Alnwick
Historic Charm & Iconic Landmarks: Dominated by the 11th-century Alnwick Castlefamed for its role as Hogwarts in Harry Potterand the world-renowned Alnwick Garden, the town offers unique, scenic surroundings.
Top Quality of Life: Frequently ranked as one of the "coolest" and "happiest" places in the North East, with a strong, welcoming community atmosphere.
Amenities and Independent Scene: The town boasts a bustling market scene, independent cafes, cozy pubs, and the famed Barter Books, one of the UK's largest second-hand bookstores.
Natural Beauty & Location: Positioned near the Northumberland coast's, an Area of Outstanding Natural Beauty, and the National Park, it offers easy access to beaches and nature.
High Value & Safety: Known for having a low crime rate and offering excellent housing value, often cited as a top choice for families and retirees.
Alnmouth is located approximately 3 miles away just off the main A1 trunk road and provides a well-served railway station with good parking facilities. The station offers regular direct services to Newcastle upon Tyne, Edinburgh, and London King's Cross, making the location highly accessible for commuters and visitors alike.
Excellent investment opportunity with a guide starting bid of 240,000 and a projected gross yield of approximately 8.5% to 9% when fully let. Combining a prominent commercial position with solid residential accommodation, it offers both immediate income potential and long-term capital growth in a sought-after Northumberland location.
Accommodation
The residential accommodation is arranged as a well-proportioned three-bedroom duplex apartment, accessed separately and offering comfortable living accommodation. The lounge is a bright and spacious room with neutral wall coverings and fitted carpet, providing ample space for a full sofa suite and additional furnishings. Large windows allow for plenty of natural light, creating a welcoming living environment.
The kitchen is modern and well-appointed, featuring contemporary units, contrasting work surfaces, and tiled splashbacks. There is space for appliances and dining, with durable flooring and neutral dcor that complements the overall finish. The layout is practical and functional, suitable for both owner occupation and rental purposes.
Each of the three bedrooms is well-sized, with fitted carpets and neutral wall coverings throughout. The rooms comfortably accommodate double beds along with wardrobes and additional furniture, making them suitable for family living or shared accommodation. The bathroom is fitted with a white suite including a bath with shower over, wash hand basin, and WC, complemented by practical flooring and clean wall finishes.
Commercial Unit
The commercial unit has most recently been operated as a fish and chip shop and is fitted with a traditional service counter and preparation areas, offering a ready-made opportunity for reinstatement or adaptation to alternative uses subject to any necessary consents. The layout provides generous working space with tiled wall coverings for hygiene, durable flooring suitable for heavy use, and ample room for equipment and storage. To the rear, there is access to additional utility and preparation areas, along with external access to the yard and garden space.
Location
Alnwick is a highly regarded market town known for its historic charm, strong tourism draw, and excellent range of amenities. The town offers a mix of independent retailers, national supermarkets, cafs, and restaurants, along with attractions such as Alnwick Castle and The Alnwick Garden. The area benefits from a strong residential community and steady visitor numbers, supporting both business viability and rental demand. Furthermore, Alnmouth is located approximately 3 miles away just off the main A1 trunk road and provides a well-served railway station with good parking facilities. The station offers regular direct services to Newcastle upon Tyne, Edinburgh, and London King's Cross, making the location highly accessible for commuters and visitors alike. The nearby coastal village of Alnmouth is also renowned for its outstanding natural beauty, offering award-winning golden sandy beaches and scenic coastal walks, further enhancing the lifestyle appeal of the area.
Rateable Value
Future rateable value (from 1 April 2026)
2,950
Outbuilding
Externally, the property benefits from side access leading to a private garden area, offering outdoor space for both residential use and commercial practicality. A significant advantage is the large double garage, providing excellent storage, workshop potential, or additional rental opportunities. The garage and outbuildings further enhance the versatility of the property.
Tenure
Freehold
Title Reference
Title reference is ND86257
EPC Residentail
Energy rating
C
Valid until
13 December 2033
Certificate number
EPC Commercial
Energy rating
C
Valid until: 16 March 2036
Certificate number:
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
An excellent opportunity to acquire a well-positioned mixed-use property in the heart of Alnwick, combining a former fish and chip shop with a spacious three-bedroom duplex apartment. Located opposite a Co-op and benefiting from strong passing trade and consistent footfall, the property is ideally suited for investors or owner-occupiers seeking both commercial and residential income streams. The property is within easy walking distance of local amenities, including The Duchess's Community High School, and is less than a 10-minute walk from Alnwick town centre, making it a highly desirable and accessible location.
The commercial unit has most recently been operated as a fish and chip shop and is fitted with a traditional service counter and preparation areas, offering a ready-made opportunity for reinstatement or adaptation to alternative uses subject to any necessary consents.
The residential accommodation is arranged as a well-proportioned three-bedroom duplex apartment, accessed separately and offering comfortable living accommodation.
Externally, the property benefits from side access leading to a private garden area, offering outdoor space for both residential use and commercial practicality. A significant advantage is the large double garage, providing excellent storage, workshop potential, or additional rental opportunities.
Alnwick
Historic Charm & Iconic Landmarks: Dominated by the 11th-century Alnwick Castlefamed for its role as Hogwarts in Harry Potterand the world-renowned Alnwick Garden, the town offers unique, scenic surroundings.
Top Quality of Life: Frequently ranked as one of the "coolest" and "happiest" places in the North East, with a strong, welcoming community atmosphere.
Amenities and Independent Scene: The town boasts a bustling market scene, independent cafes, cozy pubs, and the famed Barter Books, one of the UK's largest second-hand bookstores.
Natural Beauty & Location: Positioned near the Northumberland coast's, an Area of Outstanding Natural Beauty, and the National Park, it offers easy access to beaches and nature.
High Value & Safety: Known for having a low crime rate and offering excellent housing value, often cited as a top choice for families and retirees.
Alnmouth is located approximately 3 miles away just off the main A1 trunk road and provides a well-served railway station with good parking facilities. The station offers regular direct services to Newcastle upon Tyne, Edinburgh, and London King's Cross, making the location highly accessible for commuters and visitors alike.
Excellent investment opportunity with a guide starting bid of 240,000 and a projected gross yield of approximately 8.5% to 9% when fully let. Combining a prominent commercial position with solid residential accommodation, it offers both immediate income potential and long-term capital growth in a sought-after Northumberland location.
Accommodation
The residential accommodation is arranged as a well-proportioned three-bedroom duplex apartment, accessed separately and offering comfortable living accommodation. The lounge is a bright and spacious room with neutral wall coverings and fitted carpet, providing ample space for a full sofa suite and additional furnishings. Large windows allow for plenty of natural light, creating a welcoming living environment.
The kitchen is modern and well-appointed, featuring contemporary units, contrasting work surfaces, and tiled splashbacks. There is space for appliances and dining, with durable flooring and neutral dcor that complements the overall finish. The layout is practical and functional, suitable for both owner occupation and rental purposes.
Each of the three bedrooms is well-sized, with fitted carpets and neutral wall coverings throughout. The rooms comfortably accommodate double beds along with wardrobes and additional furniture, making them suitable for family living or shared accommodation. The bathroom is fitted with a white suite including a bath with shower over, wash hand basin, and WC, complemented by practical flooring and clean wall finishes.
Commercial Unit
The commercial unit has most recently been operated as a fish and chip shop and is fitted with a traditional service counter and preparation areas, offering a ready-made opportunity for reinstatement or adaptation to alternative uses subject to any necessary consents. The layout provides generous working space with tiled wall coverings for hygiene, durable flooring suitable for heavy use, and ample room for equipment and storage. To the rear, there is access to additional utility and preparation areas, along with external access to the yard and garden space.
Location
Alnwick is a highly regarded market town known for its historic charm, strong tourism draw, and excellent range of amenities. The town offers a mix of independent retailers, national supermarkets, cafs, and restaurants, along with attractions such as Alnwick Castle and The Alnwick Garden. The area benefits from a strong residential community and steady visitor numbers, supporting both business viability and rental demand. Furthermore, Alnmouth is located approximately 3 miles away just off the main A1 trunk road and provides a well-served railway station with good parking facilities. The station offers regular direct services to Newcastle upon Tyne, Edinburgh, and London King's Cross, making the location highly accessible for commuters and visitors alike. The nearby coastal village of Alnmouth is also renowned for its outstanding natural beauty, offering award-winning golden sandy beaches and scenic coastal walks, further enhancing the lifestyle appeal of the area.
Rateable Value
Future rateable value (from 1 April 2026)
2,950
Outbuilding
Externally, the property benefits from side access leading to a private garden area, offering outdoor space for both residential use and commercial practicality. A significant advantage is the large double garage, providing excellent storage, workshop potential, or additional rental opportunities. The garage and outbuildings further enhance the versatility of the property.
Tenure
Freehold
Title Reference
Title reference is ND86257
EPC Residentail
Energy rating
C
Valid until
13 December 2033
Certificate number
EPC Commercial
Energy rating
C
Valid until: 16 March 2036
Certificate number:
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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