A Substantial Grade II Listed Corner Building Comprising of Five Commercial Units Fully Let Producing £50,500 Per Annum. Potential for Re-Development of the Vacant Upper Parts (Subject to Obtaining all Relevant Consents)

The property comprises a substantial Grade II Listed corner building arranged over ground and two upper floors internally arranged to provide 5 ground floor retail units with 8 ancillary rooms to the first and second floors, complete with WC's and bathroom (not demised to ground floor commercial leases).

Tenure

Freehold

Location

The property is situated in the historic city centre of Newark, close to local shops and amenities. Newark Castle and Gardens are within easy reach. Transport links are provided by Newark Castle rail station.

The Ancillary Rooms on the first and second floors are separate from the ground floor commercial units Lease terms. Offering potential for re-development (subject to obtaining all relevant consents) Current rent Reserved £50,500 Per Annum

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.