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INVESTMENT HIGHLIGHTS
- Situated on the east side of Balderton Gate
- Storage space
- Suitable for variety of uses
EXECUTIVE SUMMARY
Vacant possession
ERV: £6,500 p.a. GIY: 9.28%
VAT is NOT applicable to this property
Comprises two-storey retail premises
Suitable for variety of uses (Class E)
Residential development potential, STTP
Situated on the east side of Balderton Gate in a predominantly residential area, a short walk from Newark town centre.
Property Description:
Comprises two-storey retail premises previously t/a photography studio, providing the following accommodation and dimensions:
Ground Floor: 51 sq m (550 sq ft)
Open plan retail/office, storage, wc
First Floor: 13 sq m (140 sq ft)
Ancillary
Total GIA: 64 sq m (690 sq ft)
Location:
Newark-on-Trent is an attractive market town situated 17 miles north-east of Nottingham and 16 miles south-west of Lincoln. The town is located at the junction of the A1 and A46 dual carriageways giving good access in both north to south and east to west directions. The property is situated on the east side of Balderton Gate in a predominantly residential area, a short walk from Newark town centre.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Bus Route
- Signage
- Storage Space
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- POSITION
- AVAILABLE
Property Features: Comprises Grade II Listed commercial premises Suitable for variety of uses (Class E) VAT is NOT applicable to this property Available on a new lease with flexible terms Situated on the east side of Balderton Gate in a predominantly residential area, a short walk from Newark town centre. Property Description: Comprises two-storey retail premises previously t/a photography studio, providing the following accommodation and dimensions: Ground Floor: 51 sq m (550 sq ft) Open plan retail/office, storage, wc First Floor: 13 sq m (140 sq ft) Ancillary Total GIA: 64 sq m (690 sq ft) Terms: Available on a new lease with terms to be agreed by negotiation Rent Year 1: £95 per week (PCM: £411.66) Rent Year 2: £125 per week (PCM: £541.66) Deposit: £1,625 (3 Months) Rateable Value: Rateable Value - £3,100 p.a. Rates Payable - £0* *Note - Small business rates relief available (subject to terms) EPC: The property benefits from a C Rating. Certificate and further details available on request. Location: Newark-on-Trent is an attractive market town situated 17 miles north-east of Nottingham and 16 miles south-west of Lincoln. The town is located at the junction of the A1 and A46 dual carriageways giving good access in both north to south and east to west directions. The property is situated on the east side of Balderton Gate in a predominantly residential area, a short walk from Newark town centre.
| Space | Size | Space Use | Position | Available |
| Ground | 690 sq ft | Retail | - | Now |
Ground
| Size |
| 690 sq ft |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Ground
| Size | 690 sq ft |
| Space Use | Retail |
| Position | - |
| Available | Now |
Property Features: Comprises Grade II Listed commercial premises Suitable for variety of uses (Class E) VAT is NOT applicable to this property Available on a new lease with flexible terms Situated on the east side of Balderton Gate in a predominantly residential area, a short walk from Newark town centre. Property Description: Comprises two-storey retail premises previously t/a photography studio, providing the following accommodation and dimensions: Ground Floor: 51 sq m (550 sq ft) Open plan retail/office, storage, wc First Floor: 13 sq m (140 sq ft) Ancillary Total GIA: 64 sq m (690 sq ft) Terms: Available on a new lease with terms to be agreed by negotiation Rent Year 1: £95 per week (PCM: £411.66) Rent Year 2: £125 per week (PCM: £541.66) Deposit: £1,625 (3 Months) Rateable Value: Rateable Value - £3,100 p.a. Rates Payable - £0* *Note - Small business rates relief available (subject to terms) EPC: The property benefits from a C Rating. Certificate and further details available on request. Location: Newark-on-Trent is an attractive market town situated 17 miles north-east of Nottingham and 16 miles south-west of Lincoln. The town is located at the junction of the A1 and A46 dual carriageways giving good access in both north to south and east to west directions. The property is situated on the east side of Balderton Gate in a predominantly residential area, a short walk from Newark town centre.
NEARBY MAJOR RETAILERS
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47-49 Balderton Gate
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