Prime Town Centre Commercial Opportunity in the Heart of Historic Newark

 

Summary

  • Prime position on Carter Gate, one of Newark's established commercial thoroughfares
  • Short walk from the Market Place and town centre amenities
  • Attractive ground floor retail accommodation with excellent frontage
  • Flexible layout including sales area, ancillary storage and cellar spac
  • Suitable for a variety of commercial uses, subject to the necessary consents
  • Located amongst a mix of national, regional and independent retailers
  • Popular and affluent market town serving a substantial wider catchment
  • Opportunity for owner occupiers, investors or business operators seeking a central location

Accommodation

The accommodation comprises the following areas:

NameSize
Ground - Sales 303 sq ft
Ground - Kitchen 156 sq ft
1st - Store 124 sq ft
5 Carter Gate - IMG_0024.jpeg

Location

The property occupies a prominent position on Carter Gate, one of the principal routes linking the Market Place with the wider town centre. Newark Market Place, renowned for its regular markets, events and vibrant atmosphere, lies just a short walk away and acts as a focal point for retail, leisure and community activity.

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Further Information

Rent £10,000 per annum

Rates Payable 100% small business rates relief maybe applicable for qualifying tenants.

Service Charge n/a

Estate Charge n/a

EPC Rating This property has been graded as D (100)


Description

5 Carter Gate presents an excellent opportunity to acquire a prominent commercial property within Newark town centre.

The ground floor provides an attractive open-plan retail area benefiting from prominent frontage and strong pedestrian visibility. Ancillary accommodation includes rear storage, welfare facilities and additional first-floor storage, together with a useful cellar providing further operational or storage space.

The property lends itself to a variety of commercial, retail, leisure, office or service-based uses, subject to any necessary planning requirements, making it suitable for owner occupiers, investors and businesses seeking a central and accessible town centre presence.

Viewings

All viewings are to be arranged via the sole instructed agents.

Terms

To let on a new effective full repairing and insuring lease with all other terms remaining negotiable. A deposit will be required to the equivalent of 3 months rent.

VAT

VAT will be charged at the prevailing rate, where required.

Rateable Value

The property has a rateable value of £9,200. 100% Small business rates relief may be applicable to qualifying tenants.