20 Middle Gate, Newark

3,750 Sq Ft
£1,050,000
  • Ref: 210987
  • Type: Investment, Restaurant / Cafe, Retail
  • Availability: Available
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Property Features

  • 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

Property Summary

16-20 Middle Gate, Newark, is a vacant 3,750sqft stretch of 6 ground floor and first floor retail units.

Full Details

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.

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.