House for sale in Newark
This property has been removed by the agent. It may now have been sold or temporarily taken off the market.
A freehold investment including 54 apartments and 3 let retail units. This 19th Century Grade II Listed Brewery renovation and conversion is a prominent local landmark, and a highly successful development. The retails units on comparatively long leases, produce a gross income of £50,000 per annum. Service charge income for year end June 2024 in the audited management accounts totals £88,473. The leasehold interests on a term of 125 years generally from around 2010. Ground rents currently total £TBC per annum.
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