The property comprises large double fronted retail premises ideally located on a busy pedestrianised pitch.
The property is located on Carter Gate in Newark town centre close to the Market Place and the Beaumond Cross Retail Scheme which is anchored by the Asda Superstore.
St Marks Shopping Precinct, the 5-screen Odeon Cinema and the NCP multi-storey car park are located in close proximity.
Newark is an attractive and thriving market town with a resident population in the region of 35,000 with regular market and district population of approximately 90,000.
The town is well served with excellent communication links via the A1, A46 and A17 trunk roads and the East Coast mainline to London. The surrounding centres of Nottingham and Lincoln are both within 45 minute drive time.
TOWN AND COUNTRY PLANNING
The most recent use for the property was as a nightclub falling within Use Class A4 (Drinking Establishment) of the Town & Country Use Classes Order 1987 (as amended).
Alternative uses falling within A1 (Shops) and A3 (Restaurants and Cafés) are also considered appropriate subject to planning.
Other uses will be considered, subject to planning.
The property is available To Let on a new Full Repairing and Insuring lease for a term to be agreed.
Alternatively, the property is available For Sale Freehold with vacant possession.
VAT will be charged in addition to the sale price/rental at the prevailing rate.
Each party is to be responsible for their own legal costs incurred in documenting the transaction.