Summary

Property Type Leisure
Tenure To Let
Size 14,000 sq ft
Rent £6 per sq ft
Rates Payable Upon Enquiry
Service Charge £16,500 per annum
EPC Rating This property has been graded as B (50)
  • Newark Town centre Location
  • Available at Circa £5 psf = £70,000 per annum
  • Plus Service Charge and Insurance
  • Within an establish Leisure Hub

About

The Castlegate Centre occupies a prominent corner position at the busy junction of Castlegate and Lombard Street in the heart of the town centre. Castlegate forms part of Newark's established restaurant, café and bar circuit and is home to many good quality regional and national operators. It is close to the new Asda and bus station development which has created a new and vibrant hub of activity in the area.

Bingo Hall, 69 Castle Gate, Newark, Leisure To Let - IMG_0358.JPG

Accommodation

Namesq ftsq mAvailability
2nd - 2nd Floor Bingo Hall 14,000 1,300.64 Available
Total14,0001,300.64

Location

The historic market town of Newark, with a catchment of over 150,000, is located approximately 16 miles southwest of Lincoln, 17 miles north east of Nottingham and 13 miles north west of Grantham. The town is located at the junction of the A1,A46 and A17 and is situated on the East Coast Main Line railway. It is well known for its market, which is surrounded by attractive Georgian buildings. This, coupled with its Castle and strong reputation for antiques and antiquities, ensures it is popular with both residents and visitors.

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Bingo Hall, 69 Castle Gate - IMG_0349.JPG

Further Information

  • Viewings

    Strictly by prior appointment via the sole agents P & F Commercial Tel: 01664 431330 or via email office@pandfcommercial.com

  • Terms

    Offered for let on new lease terms - 10 + years expected on fully repairing and insuring terms.
    Initial passing rent £70,000 per annum plus VAT.
    Service charge for this current year is £16,500 per annum.
    Building insurance re-charged at cost.