Retail premises for sale
37 Castle Gate, Newark NG24
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Location
The premises are situated on Castlegate with return frontage to Stodman Street in a prominent town centre location on one of the principal routes linking the town with the A1/A46/A17 junction. The town centre amenities include the historic market place and water front areas, both of which are a few minutes walk from the property. Newark is an attractive and thriving market town with a resident population in the order of 40,000 serving a district population of approximately 100,000. The town is well served with excellent road and rail links. The surrounding larger centres of Nottingham and Lincoln are both within 45 minutes drive.
Description
A rare opportunity to acquire a prominent former bank premises with adjacent car park in a prominent trading location. The property was purpose built as a bank with largely open plan accommodation on the ground floor and is suited to a variety of alternative uses (subject to planning) with substantial car parking provision/external
area.
Description:-
Ground Floor
Sales/Banking Hall 1,868 sq ft (173.6 sq m)
First Floor
Offices 828 sq ft (76.9 sq m)
Storage 50 sq ft (4.66 sq m)
Male & Female WC’s - -
Basement
Storage 886 sq ft (2.3 sq m)
total (NIA) 3,632 sq ft (37.5 sq m)
Business rates
The property has a Rateable Value of £24,750. All enquires regarding Rates Payable should be made to Newark & Sherwood District Council tenure & price
The property is offered For Sale freehold with vacant possession at offers in excess of £495,000
VAT
VAT is not payable in respect of a sale of this property.
Costs
Each party to be responsible for their own legal & other costs incurred in the sale of this property
Property info
* Sizes listed are approximations. Please contact the agent to verify actual sizes.
For more information about this property, please contact
Wood Moore & Co, NG24 on +44 1634 799136 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Wood Moore & Co, and do not constitute property particulars. Please contact Wood Moore & Co for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.