Prominent Town Centre Premises - Retail, Coffee Shop or Restaurant (See CGI's)
Summary
- Landmark town centre premises in prominent & busy main road location
- Ideal for retail, coffee shop, restaurant, office, clinic or consulting room uses
- Close to the historic Market Place and retail core
- Landlord to consider contribution towards Tenant fit-out works
- Both ground floor retail with basement storage
- Pay and Display car park directly adjacent for ease of access
Accommodation
The accommodation comprises a ground floor retail premises that is deemed suitable for a variety of uses, together with a basement store:
| Name | Floor/Unit | Size | sq ft | sq m |
| Ground | Ground | 1,868 sq ft | 1,868 | 173.54 |
| Basement | Basement | 886 sq ft | 886 | 82.31 |
| Total | 2,754 | 255.85 |
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 short walk from the property. Newark is an attractive market town with a resident population in the order of 40,000 serving a district population of over 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.
Get directions from Google Maps
Mainline Stations
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Newark Castle4 mins
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Newark North Gate12 mins
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Rolleston71 mins
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Fiskerton83 mins
Underground Station
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Chesham1837 mins
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Amersham1879 mins
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Broxbourne1890 mins
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Chalfont and Latimer1891 mins
Further Information
Rent £27,000 per annum
Rates Payable To be re-assessed on completion.
EPC Rating This property has been graded as D (86)
Description
A unique opportunity to lease prominent former bank premises in a prominent town centre location. The property provides largely open plan accommodation and is ideally to a variety of alternative uses (subject to planning), with the landlord considering helping with Tenants works depending on the terms proposed.
Lease Terms
The property is available To Let on a new Full Repairing & Insuring lease for a term to be agreed at an annual rent of £27,000 Per Annum Exclusive.
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
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