2 Middle Gate 2,594 sq ft 100% Let Retail Property Newark NG24 1AG £400,000 (£154.20/sq ft) 10.48% Net Initial Yield

A rare opportunity to acquire a prominent, income-producing mixed-use property in the heart of Newark town centre. The building comprises a ground-floor retail unit with two two-bedroom apartments arranged over the upper floors. All three elements are currently let, providing an established income stream from completion and making the property particularly attractive to investors seeking a diversified commercial and residential asset.
Occupying a highly visible corner position, 2 Middle Gate is an attractive and substantial town-centre property with frontage to two elevations. Its extensive glazed shopfront provides excellent street presence, strong visibility and plenty of natural light within the ground-floor accommodation.
The retail unit offers a spacious and well-presented trading area. The accommodation currently includes an open-plan customer area, service counter, modern flooring, suspended lighting and ceiling-mounted comfort cooling. Its prominent frontage and central position make it well suited to a range of retail or customer-facing businesses, subject to the existing tenancy and any necessary consents.