Northgate, Newark

Commercial Property for rent in Newark

Providing Ground Floor Sales of 1,510 sq. ft, and basement storage 2,460 sq. ft. the property has a prominent location on Northgate within the Warwick Brewery located adjacent to Northgate Retail Park, home to major national retailers. The location is a few minutes walk from Newark Northgate Railway Station with regular services to London King's Cross and journey times of just over 75 minutes. The Building has a prominence to Northgate, a very interesting facade and terrace with arched openings. The Planning Use is Class E including retail, financial services, medical services, non-residential day centre, office, indoor sport and recreation. There is extensive car parking within the Warwick Brewery and Retail Park areas.

Providing Ground Floor Sales of 1,510 sq. ft, and basement storage 2,460 sq. ft. the property has a prominent location on Northgate within the Warwick Brewery located adjacent to Northgate Retail Park, home to major national retailers. The location is a few minutes walk from Newark Northgate Railway Station with regular services to London King's Cross and journey times of just over 75 minutes. The Building has a prominence to Northgate, a very interesting facade and terrace with arched openings. The Planning Use is Class E including retail, financial services, medical services, non-residential day centre, office, indoor sport and recreation. There is extensive car parking within the Warwick Brewery and Retail Park areas.

Newark On Trent - The population is expanding and significant improvements are taking place to the infrastructure. Business and commerce is generally thriving, the new Southern Link Road between the A46 and A1 will shortly be completed relieving congestion in the town. New home construction in the Fernwood and Middlebeck areas is taking place and significant land allocations are allocated for residential development within the Core Strategy Plan.

Location - The property has a prominent location opposite to the retail park and parking areas, with significant prominence to Northgate, a busy arterial road. National retailers include M&S Foods, Mountain Warehouse, TK Maxx, Boots, Next and Curry's.

Transport Links - Newark is a sizeable market town with a population of 25,000 together with a catchment area with a population of 113,000. The area is placed reasonably centrally in the UK and well placed for access to the A1 for commuting north and south. Access points to the A1 and the A46 are less than 1 mile. The historic Market Town of Newark on Trent features a 12th Century Castle, Georgian Market Square, National Civil War Museum, and many attractions bring trade into the area.

The property is offered on a new lease on very reasonable terms with immediate availability.

Accommodation - Nicely presented with immense character, the building retains 19th Century steel stanchions, arched openings with extensive open plan space.

Ground Floor Sales - 140 sq. m (1,510 sq. ft)
Basement Stores - 229 sq. m (2,460 sq. ft)
Total Area - 269 sq. m (3,970 sq. ft)

Ground Floor Sales - 12.19m x 10.67m (40' x 35') - Overall, including the stairwell area. Original streel pillars, spotlights, laminate floor, single glazed metal framed French windows, glazed door and fan light. Exposed brick wall feature with four arches.

Office - 3.84m x 3.53m (12'7 x 11'7) - (Partitioned)

Spot lights and fitted carpet.

Basement - 14.63m x 3.20m (48' x 10'6) - Barrell vaulted throughout with steel columns, solid concrete floor and fluorescent lighting.

Kitchen - With sink unit.

Staff Wc -

Ladies Customer Shower - With basin and separate WC.

Gents Customer Shower - With changing facilities and WC.

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

Town & Country Planning - The Use Class Order Class E would normally facilitate:

* Retail other than the sale of hot food.
* Financial services and professional services.
* Indoor sport and recreation.
* Medical services.
* Non-residential creche, day centre or nursery.
* Office/research and development.

Rateable Value - The rateable value assessed April 2023 to present is �24,750.

Tenure - The property is available on a new lease for a term to be agreed.

Rent - �24,000 per annum exclusive.

Service Charge - A service charge will be levied to cover the upkeep, maintenance and repair of all common parts of the estate and is approximately �2,200 per year.

Note - The previous long term occupiers have relocated within the complex to larger premises.

Vat - The building is elected for VAT, which will be charged at the prevailing rate in addition to rent.

Legal Costs - Each party to be responsible for their own legal costs.

Contact Details - Contact Richard Watkinson 01636 611811, Kirsty Keeton 01636 611811.

Epc - The building is Grade II Listed and exempt from EPC.

Property Ref: 59503_33555586