To LetIconic Nightclub / Leisure Premises

18, Castle Gate, Newark, NG23 1BG

Description

This Grade II Listed stone built property is arranged over lower ground, ground and upper floors and comprises four bars, cloakroom, cellar, office and male/female WCs on each floor.

There is a beer garden to the rear with idyllic views over the River Trent.

Newark is an expanding and prosperous market town with a population of circa 35,000 and a larger affluent catchment within 20km of over 160,000. The town is strategically located at the junction of the A1, A46 and A17 and has excellent direct rail links into Kings Cross via the East Coast main line. Travel time into London is 1 hour 20 minutes. The town enjoys above average retail space from within its catchment (source CACi Report 2013).

The property is located in the town centre on Castle Gate, Newark’s prime restaurant and leisure destination. Surrounding occupiers include a number of restaurant operators and drinking establishments as well as a bowling alley, bingo hall, several gyms and coffee shops.

The property is within 1 minutes walking distance of the town centre, Asda supermarket and Newark’s thriving market place.

The property sits adjacent Newark’s historic Castle and picturesque gardens.

TOWN AND COUNTRY PLANNING

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

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

LICENCE

The property currently occupies a licence permitting opening until 3.00am.

TENURE

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

LEGAL COSTS

Each party is to be responsible for their own legal costs.