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For Sale£395,000.00
OR
For Rent£29,950.00 Per Annum

Substantial Town Centre Retail/Leisure Premises, Carter Gate, Newark NG24 1AU

Retail, Leisure , 4999 Sq Ft
Property type: Retail, Leisure
Tenure: To Let, For Sale Freehold
Size: 4999 Sq Ft
Price: £395,000.00
Rent: £29,950.00 Per Annum
Location: 37-39A, Carter Gate, Newark, NG24 1UA
Substantial double fronted retail/leisure premises, prominent town centre location close to Asda and proposed new Travelodge, busy pedestrianised location close to Argos and Sports Direct, suitable for a variety of uses, subject to planning.

The property comprises large double fronted retail premises ideally located on a busy pedestrianised pitch.

LOCATION
The property is located on Carter Gate in Newark town centre close to the Market Place and the Beaumond Cross Retail Scheme which is anchored by the Asda Superstore.

St Marks Shopping Precinct, the 5-screen Odeon Cinema and the NCP multi-storey car park are located in close proximity.

Newark is an attractive and thriving market town with a resident population in the region of 35,000 with regular market and district population of approximately 90,000.

The town is well served with excellent communication links via the A1, A46 and A17 trunk roads and the East Coast mainline to London. The surrounding centres of Nottingham and Lincoln are both within 45 minute drive time.

TOWN AND COUNTRY PLANNING
The most recent use for the property was as a nightclub falling within Use Class A4 (Drinking Establishment) of the Town & Country Use Classes Order 1987 (as amended).

Alternative uses falling within A1 (Shops) and A3 (Restaurants and Cafés) are also considered appropriate subject to planning.

Other uses will be considered, subject to planning.

TENURE
The property is available on a new Full Repairing and Insuring lease for a term to be agreed.

Alternatively, the property will be available Freehold with vacant possession.

VAT
VAT will be charged in addition to the sale price/rental at the prevailing rate.

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in documenting the transaction.

VIEWING
To view the premises and for any additional information please contact the sole agents.
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