- Ground Floor Shop Premises For Sale
- Prominent Corner Location and Return Frontage
- Probably the Most Prestigious Street in Newark
- Busy Arterial Road Location
- Gross Internal Area 345 sq. ft
- 999 Year Leasehold Interest
- EPC Exempt
Castle Gate, Newark
£115,000
Commercial Property for sale in Newark
1
A ground floor shop premises providing 345 sq. ft internal space, a prominent arterial road frontage and return frontage to Stodman Street, probably one of the most prestigious locations in Newark. The historic 12th Century Castle is just opposite. The market place and centre of Newark is a very short walk from the property. Stodman Street, a busy trading area, provides an important link between the Trent Bridge area car parking, Castle Gate railway station and Newark town centre. The property is a 999 year leasehold interest.
A ground floor shop premises providing 345 sq. ft internal space, a prominent arterial road frontage and return frontage to Stodman Street, probably one of the most prestigious locations in Newark. The historic 12th Century Castle is just opposite. The market place and centre of Newark is a very short walk from the property. Stodman Street, a busy trading area, provides an important link between the Trent Bridge area car parking, Castle Gate railway station and Newark town centre. The property is a 999 year leasehold interest.
Newark is a sizeable market town with a population of 25,000 together with a catchment area with a population of 113,000 approximately. The area is placed reasonably central in the UK and well placed for access to the A1 for commuting to Retford (14 miles), Worksop (20 miles), Doncaster (30 miles) and south to Grantham (14 miles). The A1 is only 2 miles from the property and the A46 approximately 1.5 miles. Newark Northgate railway station has regular and frequent main line services to London King's Cross with journey times of just over 75 minutes. There are train services from Newark Castle Gate to Lincoln and Nottingham.
The property is available with vacant possession and the following accommodation is provided:
Sales Shop - 26'6 (frontage to Stodman Street) x 13' depth
Attractive old fireplace, cupboard containing the gas fired boiler. 365 sq.ft. Entrance door and display windows in the return frontage.
Small Wash Room And Wc -
Services - Mains water, electricity and drainage are all connected to the property.
Tenure - The property is leasehold for a term of 999 years from 20th July 2015. The cellar is included in the Title. We understand the lease is subject only to a peppercorn rent.
Possession - Vacant possession will be given on completion.
Viewing - Strictly by appointment with the selling agents.
Important information
This is not a Shared Ownership Property
Property Ref: 59503_33498762
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Richard Watkinson & Partners (Newark - Sales)
35 Kirkgate, Newark - Sales, Nottinghamshire, NG24 1AD
01636 611811
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