Retail premises close to the Market Place of Newark.
Summary
- Retail premises close to the historic Market Place
- Ground floor sales area together with further office/storage accommodation to the first & second floors
- Approx 1,911 ft2 (177.66 m2)
- To Let on a new Lease @ £4,000 p.a.
Accommodation
A prominent retail premises with accommodation principally over ground and two upper floors.
| Floor/Unit | Building Type | Size | Tenure | Availability |
| Basement | Retail | 143 sq ft | To Let | Available |
| Ground | Retail | 534 sq ft | To Let | Available |
| 1st | Retail | 628 sq ft | To Let | Available |
| 2nd | Retail | 606 sq ft | To Let | Available |
Location
The property is located in a prominent position on Baldertongate, a busy thoroughfare which joins London Road Car Park and the Odeon Cinema Development to Newark’s historic Market Place. Newark is an attractive and thriving market town with a resident population in the order of 40,000 serving a district population of approximately 100,000. The town is well served with excellent road and rail links. The surrounding larger centres of Nottingham and Lincoln are both within 45 minutes drive.
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Further Information
Rent £4,000 per annum
Rates Payable £2,045.90 per annum We understand the ingoing tenant may be able to claim small business rates relief (subject to status).
Service Charge n/a
Estate Charge n/a
Description
The premises comprise of ground floor sales area, ancillary office/storage to the first floor together with further storage & WC facilities to the second floor.
Services
All mains services are understood to be available for connection. Interested parties should make their own enquiries to the relevant providers as to availability & capacity of the services.
Rateable Value
The unit has a Rateable Value of £4,100 and is described as ‘Shop & Premises’ (information obtained via the Valuation Office Agency website). A new tenant may be able to apply for ‘small business rate relief’ subject to status.
EPC
An EPC has been commissioned in respect of these premises and will be available in due course.
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