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47-49 Balderton Gate 690 sq ft Retail Property Newark NG24 1UE £70,000 (£101.45/sq ft)

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INVESTMENT HIGHLIGHTS

  • Situated on the east side of Balderton Gate
  • Storage space
  • Suitable for variety of uses

EXECUTIVE SUMMARY

Investment Consideration:
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

Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
690 sq ft
Costar Property Class
C
Year Built
1870
Price
£70,000
Price per sq ft
£101.45
Tenancy
Single
Number of Floors
2
Plot ratio
0.53
Total Plot Size
0.03 ac
Frontage
28 ft on Balderton Gate

AMENITIES

  • 24 Hour Access
  • Bus Route
  • Signage
  • Storage Space

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • POSITION
  • AVAILABLE
  • Ground
  • 690 sq ft
  • Retail
  • -
  • 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.

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

Costa Coffee
YMCA
Iceland
Santander
Lloyds Bank
ASDA
Co-op
Starbucks
Morrisons
NatWest Ltd
  • Listing ID: 38040560

  • Date on Market: 11/10/2025

  • Last Updated:

  • Address: 47-49 Balderton Gate, Newark NG24 1UE

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