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Large Town Centre Retail Unit, 32 Stodman Street, Newark NG24 1AW

To rent: ROA|32773 |Retail, Leisure

PROPERTY DETAILS

TO RENTROA
SIZE32773
ADDRESS32 Stodman Street, Newark, NG24 1AW
TYPERetail, Leisure
TENURETo Let
POSTED ON24th January 2020

DESCRIPTION

100% prime location in Newark town centre, substantial return fronted retail premises, break up of space considered, nearby retailers include Boots, O2, Costa Coffee, Monsoon, EE, NatWest, Holland & Barratt and Fat Face, available on a new tenant friendly flexible lease.

The property comprises a substantial return fronted two storey corner retail premises with attractive period frontage facing Stodman Street, the prime retail pitch of Newark town centre, and further retail entrances are provided off St Marks Place which in turn leads through to an Asda Superstore and multi-level car park.

The premises are currently in ‘white box’ condition and available for immediate occupation.

* The Landlord may consider a division of the premises to satisfy the individual retailers requirements.

LOCATION
The property is situated in the 100% prime retailing location on Stodman Street, Newark surrounded by a large number of national retailers including Loungers, Boots, Monsoon, NatWest, Holland & Barrett, Fat Face, Vodafone, Costa Coffee and Greggs.

St Marks Place Shopping Centre is located adjacent and is home to retailers such as Wilko, WH Smith, Clarks Shoes, Clinton Cards, Poundland, Millets, New Look, Barclays and Santander and the NCP multi-storey car park.

Newark is an affluent market town situated alongside the A1 and East Coast Mainline with a resident population of circa 35,000 and a large and affluent catchment of circa 160,000 within approximately 12 miles. The town enjoys above average retail spend from within its catchment (source CACI report).

TOWN AND COUNTRY PLANNING
The current use of the property falls within Class A1 (Shops) of the Town & Country Planning (Use Classes) Order 1987 (as amended).

In the agent’s opinion the property may also be suitable for a variety of alternative uses, including A3 Restaurant and D2 Assembly & Leisure, subject to the receipt of necessary planning permission.

TENURE
The property is available To Let on a new flexible tenant friendly lease for a term to be agreed.

RENT
Rent on application

VAT
VAT will be charged in additional to the 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.

LOCATION

Location: 32 Stodman Street, Newark, NG24 1AW

Newark Castle (0.5 miles)

Newark North Gate (0.5 miles)

Rolleston (3.6 miles)

AGENT'S DETAILS

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