£250,000

Property for sale

  1.  Front.Jpg
  2.  Gf Office.Jpg
  3.  Gf Office2.Jpg
Freehold

Offers over

£250,000

(£78.32/sq. ft)

Property for sale

Market Place, Newark NG24

3,192 sq. ft

Local area information

Property location

Nearby amenities

  • Newark Orchard School (SEN) 0.1 miles
  • Mount CofE Primary and Nursery School 0.2 miles
  • Newark Castle 0.4 miles
  • Newark North Gate 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Iconic Grade II* Listed Building
  • Prime Market Place Location
  • Use Class E Retail/Offices/Cafe
  • Ground Floor 832 sq.ft Approximately
  • Upper Floors 2360 sq.ft Approximately
  • EPC Exempt
An iconic Grade II* listed building with prominent frontage to Newark Market Place, offered for sale freehold. The property provides premises suitable for Class E Use including retail, cafe or offices.

The ground floor space, with double display windows, provides 830 sq.ft. Additional first floor and second floor former offices provide an additional 2360 sq.ft approximately.

The property is located within the corner of Market Place and White Hart Yard, with frontage to the busiest trading area in Newark Town Centre. Occupiers in the vicinity include Boots, tui travel agents, W H Smith, Works and Bon Marche, amongst many other national and local retailers.

The Georgian Market Place, with many fine buildings, is a significant tourist attraction to the area. The nearby 12th Century Castle, riverside areas, St Mary's church and the National Civil War Museum are local features.

Newark is a sizeable Market Town with a residential population of 25,000, together with a catchment area giving a population of 113,000 approximately. The area is placed reasonably centrally in the UK and is well placed for access to the A1 for commuting North and South. Newark is on the main East Coast railway line with regular railway services to London King's Cross with journey times just over 75 minutes.

The offices are accessed from the archway and Olde White Hart Yard.

Ground Floor

Office

Frontage 22'6 x depth 28'10

Front display window, heavily beamed ceiling and timbered walls, glass front door.

Office (2.62m x 2.54m (8'7 x 8'4))

Electric panel heater.

Office (2.74m x 2.59m (9' x 8'6))

Air conditioning unit and diffuse lighting.

Kitchen (1.78m x 1.60m (5'10 x 5'3))

Stainless steel sink unit, wall and base cupboards, electric panel heater.

Wc

With low suite WC, basin, electric heater, small storage cupboard.

Lobby & Fire Exit

First Floor

The offices are accessed from the archway and Olde White Hart Yard.

Back Room (6.07m x 5.61m (19'11 x 18'5))

With a chimney breast feature and Queen Post truss. Night storage heater, two windows, fluorescent and spot lighting.

Office (6.83m x 5.31m (22'5 x 17'5))

Heavily beamed ceiling, fluorescent lights.

Office (6.86m x 5.79m (22'6 x 19'))

Heavily beamed ceiling, three night storage heaters.

Rear Lobby

Gents Wc

With two basins, separate WC and two urinals.

Ladies Wc

WC and wash basin.

Rear Lobby And Staircase To Second Floor

Second Floor

Galleried Landing

Office (14.58m x 6.10m (47'10 x 20'))

Fluorescent lighting, night storage heaters.

Services

Mains water, electricity and drainage are all connected to the property.

Vat

The building is elected for VAT which is chargeable on the purchase price, or rent, in this transaction.

Epc

As a Grade II* listed building the property is exempt from an Energy Performance Certificate.

Legal Costs

Each party will be responsible for their own legal costs occurred in this transaction.

Business Rates

The current Rateable value (1st April 2023 to present) is listed on the Valuation Office website, £25,500. There will be a need to reassess the Rateable Value if the ground floor and upper offices are in separate occupation.

Note

The property is Freehold For Sale in two registered titles as an entirety.

Alternatively, the owners will consider granting a lease on the entirety or separately, No 34 the ground floor and 34a, upper floor premises.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

Report this listing

Listed by

Property descriptions and related information displayed on this page are marketing materials provided by - Richard Watkinson & Partners. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Richard Watkinson & Partners for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Nottinghamshire
  4. Newark
  5. Market Place

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.