Prominent Town Centre Unit To Let (May Sell)

 

Summary

  • Suitable for retail, office or restaurant use
  • Highly visible main road location
  • Potential EV charging site

Accommodation

The accommodation comprises the following areas:

Floor/UnitSizeTenureRentPrice
Ground 1,054 sq ft For Sale / To Let £15,000 /annum £150,000
The Kiosk - IMG_5519.JPG

Location

The property is situated in a highly prominent location between the entrance to the London Road car park and the ASDA service station and is within
easy distance of all the local facilities and amenities the town centre provides. 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.

Get directions from Google Maps

Further Information

Rent Rent on application

Rates Payable Upon Enquiry


Description

A single-storey brick & slate building originally constructed as as public conveniences with retail/takeaway unit to the front now has full planning permission for Class E use. The property has prominent return frontage and forecourt area providing potential for display or parking. The premises have been stripped out to a shell finish and are in need of a full scheme of fit-out works. Nearby occupiers include McDonalds, Costa, Odeon Cinema & ASDA petrol filling station

Rateable Value

The premises have a rateable Value of £13,750.

Planning

Permission for Change of use to Class E (commercial) including alterations to internal layout and elevations has been granted is accordance with application Ref 23/02119/FUL. Full details of the application can be viewed on the LPA website.

Services

All mains services are understood to be avialable for connection. Interested parties should make their own enquiries to the relevant providers as to the suitability/capaicty of the services for their intended use.

Tenure

The property is available to let on a new Full Repairing & Insuring lease at an initial rent of £15,000 p.a. Incentives in respect of fit-out works are available (subject to status & terms). Alternatively, consideration may be given to a sale fo the freehold at a guide price of offers over £150,000

VAT

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