5 Balderton Gate, Newark

A prominently positioned, double-fronted retail unit in the heart of Newark town centre, just a short walk from the historic Market Place and benefiting from strong footfall, nearby parking and a vibrant mix of national and independent retailers. Newark is a thriving market town on the River Trent, known for its castle, riverside setting, cafe culture and popular events, including the renowned International Antiques Fair. The town offers excellent road links via the A1 and A46, as well as direct rail services to London King's Cross (approx. 1 hour 15 minutes) and Leeds, making it a well-connected and attractive location for businesses.

Location
The property comprises a nicely sized, double-fronted retail unit with a prominent frontage and location in the town centre. The Market Place in a very short walking distance. There are public car parks on Balderton Gate and a variety of shops and services within the vicinity creating a natural foot flow. Newark is a thriving town and has a good range of facilities and amenities including national and local retailers, supermarkets, banks, market place, restaurants, bars, cafes and the historic Newark Castle. The property is within easy walking distance of all of these. Newark has a population of approximately 29,748, in accordance with the 2021 census.

Transport Links
Newark lies reasonably centrally within the United Kingdom and is well placed for access to the A1 for commuting north Retford (14 miles), Worksop (20 miles) and Doncaster (30 miles) and south to Grantham (25 miles), Stamford (45 miles) and Peterborough (57 miles). The A46 for commuting to Nottingham (20 miles), Lincoln (12 miles) and Leicester (30 miles). There is good public transport links within the town, including direct rail services to London Kings Cross, from Newark Northgate Railway Station, with journey times of approximately 1 hour 15 minutes and to Leeds in approximately 50 minutes. Further East Midlands train services run from Newark Castle Railway Station to the cities of Lincoln and Nottingham. East Midlands Airport is located approximately 28 miles distant and Robin Hood Doncaster Airport is located approximately 29 miles distant. Regular bus services run locally through the villages and to the city of Nottingham.

Newark Lifestyle
Newark is an historic and vibrant market town which lies on the banks of the River Trent in the heart of the East Midlands. The town is well known locally for its historic Newark castle and gardens overlooking the river hosting a number of events and music concerts throughout the year, The town centre enjoys a beautiful Georgian market place and a mix of national and local retailers with many individual shops which define Newark as a unique shopping experience and not just another High Street. There is also a well developed cafe culture with many boasting river views. Recently opened in the town is the new National Civil War Centre which tells the story of Newark and its residents and to demonstrate the resilience of ordinary lives set against affairs of the nation and the world and to interpret the British Civil Wars and Newark's key role in them. The town has a strong association with antiques and collectables and is world renown for its International Antiques Fair held every other month at the Newark Showground. Also available in the town are river trips along the Newark Trent on the Newark Line during the summer and Bank Holidays, riverside walks, the Newark Beer Festival, the Newark Carnival and not forgetting the Newark museum.

The town also has an active showground which hosts a number of national events throughout the year including classic bike festivals, agricultural shows, toy fares and an Americana event. It is paramount for entertainment and leisure facilities. Newark enjoys a multi-screen cinema, a bowling alley, the Palace Theatre which hosts a range of productions and also the popular Leisure Centre. Newark is also home to one of the oldest bowls clubs in England, established in 1790 and enjoys a range of competitive sports clubs includng Newark Rugby, Hockey, Golf and Tennis.

Retail Area
(overall measurements 21' x 14'8)
Large display window with prominent frontage, recessed ceiling lights. Additional storage area partitioned by stud wall.

Floor Area
Total Gross Internal Floor Areas: 575 sq.ft (53.4 m.sq)

Rent & Lease Terms
The property is offered to Let on a new Lease for a term to be agreed at a rent of £7,000 pa exclusive. The Landlord will insure the building and recover a fair proportion from the Tenant by way of Insurance Rent.

Business Rates

Services
Mains water, electricity, gas and drainage are all connected to the property.

Planning
The established use of the property is Class E (Business Premises) under the Town & Country Planning (use classes) Order 2020.

Legal Fees
Each party is responsible for their own legal fees.

VIEWING
Strictly by appointment with the selling agents.