To LetRetail / Leisure Premises

Unit 3, Beaumond Cross, Newark, Nottinghamshire, NG24 1XG

Description

The property comprises a purpose-built mid-terrace retail unit, located on a busy neighbourhood retail park, within close proximity to a number of regional and local retailers, including Asda, Subway and Barnardos.

The unit benefits from a shell specification with the current fixtures easily removeable, prominent retail frontage, rear access and direct car parking in front.

LOCATION

The unit is situated adjacent to the town’s Asda Superstore and bus station, in a prominent central location on the corner of Lombard Street and Portland Street.

The town’s established prime retail pitch is located a short walk to the north and nearby retailers within the St Mark’s retail scheme directly opposite the site include New Look, Wilkos, Costa and Clarks Shoes.

In addition to the new Travelodge Hotel and Asda Superstore, other tenants within the scheme include Subway, Lloyds Pharmacy, Barnardos and Your Home, and the main town centre doctors’ surgery - The Lombard Medical Centre.

Newark is an expanding prosperous market town with a population of circa 35,000 and a large affluent catchment within 20kms of 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 - travel time 1 hour 20 minutes. The town enjoys above average retail space from within its catchment. (Source CACi Report 2013).

services

We understand that mains water, electricity and drainage supplies are available and connected to the property. These have not been tested and interested parties are advised to make their own investigations to the relevant utility service providers.

town & country planning

We understand that the property has consent for uses falling within Class E (Commercial, Business & Services Use) of the Town and Country Planning (Use Classes) Order 1987 (as amended).

Class E now encompasses a number of uses formerly known as A1 (Shops), A2 (Professional & Financial Services), A3 (Restaurant & Cafés), B1 (Business) and D1 (Clinics, Health Centre, Crèche & Day Nurseries).

Interested parties are advised to make their own investigations with the Local Planning Authority.

service charge

A service charge will be levied to cover the upkeep, maintenance and repair of all common parts of the development.

vat

VAT may be charged in addition to the rent at the prevailing rate.

legal costs

Each party is to be responsible for their own legal costs incurred in documenting the transaction.