Retail premises to let in Middle Gate, Newark NG24
From £85,000 pa (£56390.98/sq. ft. pa)
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- Prime Retail Showroom Extending to 929sqm, 10,555sqft of Retail Space
- Suitable for Retail or a Variety of Alternative Uses Subject to Planning
- Available January 2022 with No Ingoing Premium
- First Floor Offices Available Separately
The historic market town of Newark stands on the River Trent and has a retail catchment population estimated to be around 121,000 residents.
The town has a higher than average demographic profile indicating older more affluent residents.
The town is a sub-regional shopping centre enjoying good transport links with Northgate Railway Station, approximately 500m to the north of Castle Gate. Nottingham is 20 miles to the south-west, Lincoln approximately 25 miles to the north-east. The A1 runs alongside the eastern edge of the town and the A46 dual carriageway passes the town to the north connecting Lincoln with Leicester.
The property is located in the historic town centre and prime retail area enjoying excellent footfall levels on Middle Gate and high traffic flows on Castle Gate.
Middle Gate is the primary shopping zone linking Kirk Gate, a prime retail area of Stodman Street to the south into the market place. The area is a protected retail environment with nearby retailers including Savers, the Buttermarket, Roman, Boots Pharmacy, Fat Face, White Stuff, Dorothy Perkins, Phase Eight, Superdrug and other high street brands.
Comprising a retail unit with internal window frontage of 7.9m, 26ft approximately, maximum shop depth 13.7m, 45ft approximately, 929sqm, 10,555sqft.
The buildings are available by way of a new Full Repairing and Insuring lease with no ingoing premium, please enquire for more details.
The property has an Energy Performance Asset Rating C57.
Central Buildings have a Rateable Value of £72,500.
Viewing is strictly by appointment through the Agent.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Poyntons Consultancy, and do not constitute property particulars. Please contact Poyntons Consultancy for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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