Prime Town Centre Retail Opportunity

 

Summary

  • Prominent retail premises in Newark town centre
  • Excellent frontage with strong pedestrian visibility
  • Approximately 438 sq ft (41 sq m) of ground floor accommodation
  • Suitable for a variety of retail, service and business uses (subject to any necessary consents)
  • Open plan sales area with kitchenette and WC facilities
  • Available To Let on flexible lease terms

Location

Newark is a well-established and prosperous market town with a resident population of approximately 37,000 and a wider catchment of around 100,000. The town enjoys excellent transport links via the A1, A46 and A17, together with direct rail services to London on the East Coast Main Line. The property is conveniently positioned close to the National Civil War Centre, Palace Theatre and a range of independent retailers, cafés and town centre amenities.

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Further Information

Rent £7,000 per annum

Rates Payable £5.49 per sq ft / 100% Small business rates relief for qualifying tenants.

Service Charge n/a

Estate Charge n/a

EPC Rating This property has been graded as D (96)


Description

Occupying a prominent position on Appletongate, this well-presented ground floor retail unit offers an excellent opportunity for independent retailers, service providers or businesses looking to establish themselves within Newark's thriving town centre.

The property benefits from an attractive shop frontage, open plan retail accommodation and ancillary facilities, making it suitable for a wide range of occupiers.

Accommodation

The property comprises a self-contained ground floor retail unit extending to approximately 438 sq ft (41 sq m) together with kitchenette and WC facilities.

The accommodation provides an open plan sales area that can be readily adapted to suit a variety of business requirements.

Services

We understand that mains electricity, water and drainage are connected to the property. Interested parties should satisfy themselves as to the capacity and suitability of all services.

Business Rates

The property has a rateable value of £6,300. 100% small business rates relief will be available for qualifying tenants.

EPC

The property has an EPC rating of D (96). A copy is available on request.

Lease Terms

TO LET on a new effective FRI Lease with all other terms remaining negotiable. The equivalent of 3 months rent may be required as a deposit.

Viewings

Via the sole acting agents.