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Full Details

235,000

Kirkgate, Newark

Features

  • OPTION TO RENT EXISTING BUSINESS FOR 12 MONTHS AT MARKET RENT
  • NET INTERNAL AREA APPROX 1555 SQFT
  • GRADE II LISTED
  • MIXED USE A1 RETAIL/OFFICE ACCOMMODATION
  • ALLOCATED PARKING
  • VACANT POSSESSION CAN BE OFFERED ON COMPLETION
  • FREEHOLD TOWN CENTRE OFFICES

Floorplan

Description

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Freehold double fronted office/retail premises with prominent frontage to Kirk Gate, a busy central shopping area in Newark Town Centre. The property has a service road to the rear from Slaughterhouse Lane leading to three allocated car parking spaces. The premises have mixed office/retail use and are situated just a short walk from the parish church and the Georgian market place. With the benefit of the option to rent the premises to the existing business occupier for 12 months at market rent following completion of the sale generating an immediate income.
The accommodation provides on the ground floor four offices and a store (approx. 528sqft). To the first floor there are three offices, kitchenette and WC facilities and a further store (approx. 649sqft). Second floor accommodation provides two additional offices (approx. 378sqft).

Newark is a busy and prosperous town serving a population of approximately 35,000 with a catchment population of approximately 90,000. The town is a designated growth point with thousands of new homes proposed for the Fernwood and south Newark areas. Indeed the town attracts shoppers from a wide area, many preferring this market town with a wide range of specialised shops, boutiques and also most of the multiples including Waitrose, Morrisons, Asda, Marks and Spencer, etc. The town has excellent road access to the A1, A46 and A17 trunk roads. There are two railway stations: Newark Northgate providing services to London Kings Cross in just over 75 minutes; and Newark Castle station which provides a rail link to Nottingham and Lincoln. Newark has for many years been an important centre for the antique trade. Newark Showground of course hosts the International Antiques Fair. The town has the important recently opened Civil War Centre.

The building would equally lend itself to alternative uses subject to planning permission.

Ground Floor - Double frontage with display windows either side of the front entrance door.

Office 1/Reception Area - 5.33 x 3.43 max (17'5" x 11'3" max) - 

Office 2 - 3.05 x 2.69 max (10'0" x 8'9" max) - 

Office 3 - 3.68 x 3.15 max (12'0" x 10'4" max) - 

Office 4 - 3.18 x 2.62 max (10'5" x 8'7" max) - 

Store - 1.91 x 1.42 max (6'3" x 4'7" max) - 

First Floor - 

Office 5 - 5.79 x 4.01 max (18'11" x 13'1" max) - With kitchenette facilities.

Wc - 

Office 6 - 5.13 x 3.53 max (16'9" x 11'6" max) - 

Office 7 - 4.85 x 2.87 max (15'10" x 9'4" max) - 

Store - 2.31 x 2.21 max (7'6" x 7'3" max) - 

Second Floor - 

Office 8 - 5.44 x 3.73 max (17'10" x 12'2" max) - 

Office 9 - 3.86 x 3.86 max (12'7" x 12'7" max) - 

Outside - Three allocated parking spaces can be accessed from Kirk Gate via pedestrian walkway or vehicular access is via Slaughterhouse Lane.

Tenure - The property is freehold and offered with vacant possession on completion.

Services - Mains water, electricity and drainage are understood to be available to the property.

Town & Country Planning - There is an established mixed use for A1 retail and office accommodation. 

The property is Grade II listed and situated within the town conservation area.

Rating Assessment - Rateable Value: £7,900.

Viewing - Strictly by appointment with the selling agents.

Energy Performance - EPC Rating: E

Viewing
Please contact our Newark Office on 01636 611811 if you wish to arrange a viewing appointment for this property or require further information.

Disclaimer
Richard Watkinson endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

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