Commercial property for sale in Mount Lane, Newark NG24

A range of Edwardian single and two storey buildings with potential for conversion to residential accommodation subject to planning permission. The gross internal area is 800 sq.m approximately. The property is located within the Newark town centre and conservation area, close to St Mary Magdalene Church, a Grade I listed building and associated church grounds. Planning permission was previously granted for conversion of the buildings to 5 self-contained studios, 3 x one bedroomed apartments, 1 x two bedroomed apartment and 3 x four bedroomed cluster apartments. This planning permission has subsequently expired and part of the building has been subject to fire damage.

A residential development opportunity with Full Planning Permission for conversion of the existing building into five two-storey townhouses and three self-contained apartments. The proposed gross internal area of the development is 640 sq. M (6,880 sq. Ft) approximately. The property is located within the Newark Town Centre and conservation area, close to St Mary Magdalene Church a Grade I Listed building and associated church grounds.

The location is very close to Newark Market Place, shops and supermarkets. Newark is a thriving town and has a good range of facilities, including national and local retailers, supermarkets, banks, market place restaurants, bars and cafes. The property is within a few minutes walking distance of these amenities.

Newark has a population of approximately 35,000, and the population of Newark & Sherwood is approximately 115,000.

Planning Permission

Full Planning Permission is granted under Newark & Sherwood District Council reference 24/00914/ful for conversion of vacant Piano School buildings to 3 single-storey flats, and 5 two-storey houses. Proposed areas of demolition including existing external staircases. The Conditional Planning Consent was granted 16th July 2024.

The documents and plan are available for inspection on the Newark & Sherwood District Council Planning Portal .

The following reports are available:

Preliminary Ecological Appraisal and Rooster Assessment.
Bat Emergence Survey.
Heritage Statement.
Historical Record Document.

Cil Charge

The development is assessed for the cil charge in the sum of £ tbc .

Services

We understand that mains water, electricity, gas and drainage are previously connected to the property.

Tenure

The property is freehold.

Possession

Vacant possession will be given on completion.

Viewing

Strictly by appointment with the selling agents.

Note

There has been recent fire damage to the building (Block C) on the existing floor plans.

Price

Offers are invited in excess of £350,000.

Proposed Accommodation

House 1 - 2 bed, 3 bath, 2 storey house - gf Area 54 sq. M - ff Area 54 sq. M - Gross Internal Area 108 sq. M - 1162.08 sq. Ft
House 2 - 2 bed, 2 bath, 2 storey house - gf Area 48 sq. M - ff Area 48 sq. M - Gross Internal Area 96 sq. M - 1032.96 sq. Ft
House 3 - 1 bed, 2 bath, 2 storey house - gf Area 35.7 sq. M - ff Area 35.7 sq. M - Gross Internal Area 71.4 sq. M - 768.264 sq. Ft
House 4 - 2 bed, 2 bath, 2 storey house - gf Area 37.3 sq. M - ff Area 37.3 sq. M - Gross Internal Area 74.6 sq. M - 802.696 sq. Ft
House 5 - 2 bed, 2 bath, 2 storey house - gf Area 40.1 sq. M - ff Area 54 sq. M - Gross Internal Area 94.1 sq. M - 1012.516 sq. Ft
Apartment 1 - 1 bed, 1 bath, apartment - gf Area 70 sq. M - Additional Mezzanine 10 sq. M - Gross Internal Area 80 sq. M - 860.8 sq. Ft
Apartment 2 - 2 bed, 1 bath, apartment - gf Area 64 sq. M - Additional Mezzanine 8 sq. M - Gross Internal Area 72 sq. M - 774.72 sq. Ft
Apartment 3 - 1 bed, 1 bath, apartment - gf Area 44 sq. M - Gross Internal Area 44 sq. M - 473.44 sq. Ft

The development would be served by a central courtyard providing private amenity space and bin/cycle storage areas. No off-street parking provision is available.

Block A (13.72m x 4.72m overall measurements (45' x 15'6 o)

Area M3 - this part of the building subject to fire damage.

Ground Floor (16.76m x 5.33m (55' x 17'6 ))

Partitioned.

Classroom (7.62m x 6.40m (25' x 21' ))

With northern lights.

Classroom (7.62m x 7.32m (25' x 24' ))

With northern lights.

Classroom (7.92m x 5.94m (26' x 19'6 ))

Classroom (7.32m x 6.40m (24' x 21' ))

First Floor (16.76m x 5.33m (55' x 17'6 ))

Block B (Former Classrooms)

Former Classroom (8.08m x 5.94m (26'6 x 19'6 ))

Former Classroom (6.40m x 7.01m (21' x 23' ))

External steps lead to;

Former Kitchen (6.10m x 4.88m approx (20' x 16' approx))