From
£230,000
(£345.86/sq. ft)
Property for sale43, 43 Bondgate Within, Alnwick NE66
665 sq. ft
EPC Rating: C
Just added
Freehold
About this property
Sale of long leasehold investment
Self-contained ground floor retail unit let to cchg Ltd ( trading as vpz) – further details available upon request
Alnwick town centre
Grade II listed premises
61.7 sq m /665 sq ft
Estimated Rates Payable: £3591000
Description
The property comprises a ground floor retail unit with public car parking available outside the premises.
Internally the property is finished to a good standard with open plan retail space with WC and staff area.
The Gross Internal Area of the property is 61.7 sq m (665 sq ft).
Investment Summary
The property is let to cchg Ltd, which trades as vpz on a 5-year fully repairing and insuring lease until 2030.
They are the largest independent chain of electronic cigarettes stores in Uk. The company currently operates from over 180 stores and in December 2024 reported an operating profit of £6.1m.
The lease contains rent review and break clauses on each third anniversary of the term. The current passing rent is £18,000 per annum. Further details can be provided upon request.
The business does not form part of the sale and will remain unaffected by the sale of the property.
EPC The property has an EPC rating of D valid until 2032.
Rating Assessment The rateable value of the premises as of 1 April 2026 is £12,500 and the estimated rates payable for the current year is £5,400. This is based on the standard Small Business Rates of 43.2p in the pound, however, interested parties should confirm with the local authority.
Tenure : The property is held on a long leasehold basis expiring December 3009. Further details can be provided upon request.
Aml Regulations In accordance with Anti-Money Laundering Regulations the Purchaser will be required to provide two forms of identification and proof of the source of income.
Legal Costs
Each party is responsible for their own legal costs
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT.
Location
The property occupies a prime town centre position benefiting from strong pedestrian footfall and a mix of established local traders and national occupiers.
The property comprises a ground floor retail unit with public car parking available outside the premises.
Internally the property is finished to a good standard with open plan retail space with WC and staff area.
The Gross Internal Area of the property is 61.7 sq m (665 sq ft).
Investment Summary
The property is let to cchg Ltd, which trades as vpz on a 5-year fully repairing and insuring lease until 2030.
They are the largest independent chain of electronic cigarettes stores in Uk. The company currently operates from over 180 stores and in December 2024 reported an operating profit of £6.1m.
The lease contains rent review and break clauses on each third anniversary of the term. The current passing rent is £18,000 per annum. Further details can be provided upon request.
The business does not form part of the sale and will remain unaffected by the sale of the property.
EPC The property has an EPC rating of D valid until 2032.
Rating Assessment The rateable value of the premises as of 1 April 2026 is £12,500 and the estimated rates payable for the current year is £5,400. This is based on the standard Small Business Rates of 43.2p in the pound, however, interested parties should confirm with the local authority.
Tenure : The property is held on a long leasehold basis expiring December 3009. Further details can be provided upon request.
Aml Regulations In accordance with Anti-Money Laundering Regulations the Purchaser will be required to provide two forms of identification and proof of the source of income.
Legal Costs
Each party is responsible for their own legal costs
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT.
Location
The property occupies a prime town centre position benefiting from strong pedestrian footfall and a mix of established local traders and national occupiers.
Mortgage calculator
Monthly repayment
£1,150 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}