Town centre Victorian building with café/restaurant planning — conversion mostly complete.
Large two‑storey Victorian building, 2,417 sq ft (224.6 sq m)
A substantial two‑storey Victorian building in Alnwick town centre, offered freehold with planning permission to create a large two‑storey café/restaurant. The property extends to 224.6 sq m (2,417 sq ft) and a large proportion of the permitted conversion has already been carried out, reducing initial build time and cost for a new operator or investor.
Located on Market Place in a historic market town, the location benefits from strong footfall, plentiful local amenities and fast broadband with excellent mobile signal. The building has high ceilings, period stone/brick facades and arched windows that lend clear character and appeal for a hospitality use. EPC band C is in place.
This is a clear investment/refurbishment opportunity: offered at £375,000 freehold, it suits a buyer wanting to complete fit‑out and open a town centre café/restaurant or to hold as an income producing asset once let. Important considerations include the site’s very small plot size and a surrounding area with higher crime levels and local deprivation, which may affect staffing, operating hours and insurance costs.
Practical positives include planning already granted and significant conversion work completed; practical negatives are the residual works required to finish the conversion, the limited external/serving space due to the tiny plot, and the need to factor in increased running or security costs linked to the local area. Flood risk is nil, and nearby schools and a wide range of town centre amenities support daytime trade.
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