16-20 Middle Gate, 20 Middle Gate
Newark, NG24 1AGThe Space
16-20 Middle Gate, Newark, is a vacant 3,750sqft stretch of 6 ground floor and first floor retail units.
At a glance
Property Type | Investment / Retail |
Tenure | For Sale |
Size | 3,750 sq ft |
Price | £825,000 |
Business Rates | Across 6 units |
Energy Performance Rating | Upon enquiry |
Newark Castle
4 mins
Newark North Gate
10 mins
Rolleston
74 mins
Fiskerton
85 mins
Chesham
1838 mins
Amersham
1880 mins
Broxbourne
1890 mins
Chalfont and Latimer
1891 mins
Key Points
- 3,750sqft
- Restaurant, Cafe, Butchery and Jazz Bar
- Rear terrace
- Side yard
- Ground and first floors
- Prominent position
- Grade B fitout
- Smoking area
- Variety of uses
- Investment sale
Description
16-20 Middle Gate, Newark, is a 3,750sqft investment grade row of 6 ground floor and first floor retail units with a variety of use classes stretching from cafe, restaurant, jazz bar and butchery. Predominately two-storey with an exception of three-storey offices in the central aspect, Middle Gate is sold entirely vacant with potential for residential conversion or asset management avenues. The 6 units form an L shape wrapping into Boar Lane and is built of brick elevations surmounted by pitch tiled roofing.
The Location
16-20 Middle Gate, Newark is set on Middle Gate high street and partially unto Boar Lane, with a highly prominent frontage along the row of retail units. Set within the town centre, Newark-on-Trent is a small town of 6 square miles within the Nottinghamshire county and servicing a population of 30,000 and historically served as a major inland port. The A1 carriageway bypasses the town, with Nottingham City just 20 miles south-west.
Viewings
Strictly by appointment with the sole agents Shepherd Commercial Ltd
Tel: 01564 778890 / Email: info@shepcom.com
Tenure
The property is to be offered to the freehold open market for the sum of £1,050,000 and upon the basis of vacant possession across the entirety of the site.