Prominent Town Centre Premises With Extensive External Area/Parking

 

Summary

  • Landmark town centre premises in prominent & busy main road location
  • Close to the historic Market Place and retail core
  • Ideal for retail, restaurant, office, clinic or consulting room uses
  • Includes adjacent car park with potential for extensive outside seating area

Accommodation

The accommodation comprises the following areas:

NameFloor/UnitSizesq ftsq m
Ground Ground 1,868 sq ft 1,868 173.54
1st 1st 878 sq ft 878 81.57
Basement Basement 886 sq ft 886 82.31
Total3,632337.42
37 Castlegate - IMG_2496.JPG

Location

The premises are situated on Castlegate with return frontage to Stodman Street in a prominent town centre location on one of the principal routes linking the town with the A1/A46/A17 junction. The town centre amenities include the historic market place and water front areas, both of which are a few minutes walk from the property. 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 £40,000 per annum

Rates Payable Upon Enquiry

EPC Rating This property has been graded as D (86)


Description

A unique opportunity to acquire a prominent former bank premises with adjacent car park (or external seating area) in a prominent town centre location. The property was purpose built as a bank with largely open plan accommodation on the ground floor and is suited to a variety of alternative uses (subject to planning) with substantial car parking provision/external area.

Lease Terms

The property is available To Let on a new Full Repairing & Insuring lease for a term to be agreed.

Rent

£35,000 p.a.x

VAT

All sums quoted are exclusive of, but may be liable to VAT at the prevailing rate

Costs

Each party to be responsible for their own legal & professional costs incurred in creating the new lease