Summary
| Property Type | D2 (Assembly and Leisure) / Investment / Restaurant / Cafe / Retail / High Street Retail |
| Tenure | For Sale |
| Size | 3,750 sq ft |
| Price | £825,000 |
| Rates Payable | Across 6 units |
- 3,750sqft
- Restaurant, Cafe, Butchery and Jazz Bar
- Rear terrace
- Side yard
- Ground and first floors
- Prominent position
- Grade B fitout
- Smoking area
- Variety of uses
- Investment sale
About
16-20 Middle Gate, Newark, is a 3,750sqft investment grade row of 6 ground floor and first floor retail units with a variety of use classes stretching from cafe, restaurant, jazz bar and butchery. Predominately two-storey with an exception of three-storey offices in the central aspect, Middle Gate is sold entirely vacant with potential for residential conversion or asset management avenues. The 6 units form an L shape wrapping into Boar Lane and is built of brick elevations surmounted by pitch tiled roofing.
Location
16-20 Middle Gate, Newark is set on Middle Gate high street and partially unto Boar Lane, with a highly prominent frontage along the row of retail units. Set within the town centre, Newark-on-Trent is a small town of 6 square miles within the Nottinghamshire county and servicing a population of 30,000 and historically served as a major inland port. The A1 carriageway bypasses the town, with Nottingham City just 20 miles south-west.
Mainline Stations
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Newark Castle4 mins
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Newark North Gate10 mins
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Rolleston74 mins
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Fiskerton85 mins
Underground Station
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Chesham1838 mins
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Amersham1880 mins
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Broxbourne1890 mins
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Chalfont and Latimer1891 mins
Downloads
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Further Information
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Viewings
Strictly by appointment with the sole agents Shepherd Commercial Ltd
Tel: 01564 778890 / Email: info@shepcom.com -
Tenure
The property is to be offered to the freehold open market for the sum of £1,050,000 and upon the basis of vacant possession across the entirety of the site.
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