Prime retail and restaurant opportunity with a prominent frontage on to Newark Market Place
Summary
- Extending to 3,680 ft2 (341.9 m2)
- Former Wetherspoons Pub in busy historic Market Place Location
- Ideal restaurant cafe or retail showroom
- Attractive Listed Building, Prosperous market town
- To Let on new lease £29,950 p.a.x
Accommodation
The Property comprises a ground floor retail premises with wide return frontage on to the Market Place and Church Street of Newark. The Building has a main sales area, with rear bar, kitchen and facilities areas.
| Floor/Unit | Building Type | sq ft | Tenure | Rent | Rent (sq ft) | Availability |
| Ground | Retail | 3,680 | To Let | £29,950 /annum | £8.14 | Available |
| Total | 3,680 | £8.14 |
Location
Prominently located retail premises situated in Newark’s busy historic Royal Market Place and being within easy distance of all the local facilities and amenities. Newark is an attractive and thriving market town with a resident population in the order of 37,000 with a district population of approximately 100,000. The Town is well served with excellent communication links via the A1, A46 & A17 trunk roads, and the East Coast main rail line to London. The surrounding centres of Nottingham and Lincoln are both within approximately 30 minutes’ drive.
Get directions from Google Maps
Further Information
Rent £29,950 per annum
Rates Payable £5.29 per sq ft This current assessment relates to the whole building including the upper floors which are to be converted. The Rateable Value will therefore need to be re assessed.
Service Charge n/a
EPC Rating This property has been graded as B (34)
Description
Extensive ground floor premises with prominent return frontage set within an attractive Grade II Listed building located on the historic Royal market Place at the heart of the town’s retail core. The accommodation provided extends to: 3,680 sq ft. Detailed floor plans are available on our website or can be emailed on request.
Services
All mains services are available for connection to the premises. Prospective occupiers are advised to make their own enquiries to the relevant utility companies as to the suitability or capacity of these services.
Tenure
TO LET by way of a new Effective Full Repairing and Insuring lease with all other terms remaining negotiable. A rent deposit equivalent to 3 months’ rent is payable in respect of these premises.
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