Leisure Facility to rent

Castle Gate, Newark, Nottinghamshire

3,085 sq ft | £2,416 pcm

Property Description

Commercial information

  • 3,085 sq ft (286 sq m)

Letting information:

Date available: Now
Furnishing: Unfurnished

Full description

Highly prominent location at the junction of Castlegate & Lombard Street - Established bar/restaurant pitch - Immediately available - Floor area of 3,085 sq ft

Location

T (T)

The historic market town of Newark-on-Trent has a population of approximately 35,000 residents, but acts as the commercial and social centre for the surrounding villages. Newark-on-Trent is located at the junction of the A36 and A1 and sits on the main East Coast Rail line.

The Castlegate Centre is prominently positioned at the corner of Castlegate and Lombard Street. The former is the principal focus for leisure uses within the town housing a variety of bars and restaurants including the renowned Le Cafe Bleu and Zizzi's, together with a number of professional, medical and retail occupiers. The property is situated close to the proposed Asda redevelopment in the heart of the town.

The Property

The purpose-built Castlegate Centre has established itself as a premier leisure location within Newark; occupiers include Riva Bingo, UK Superbank, The Atrium Cafe Bar and The Royal Garden Chinese Restaurant.

The subject site is situated upon the ground floor of the development, accessed through the main entrance. The unit is fitted to a developer's shell and would lend itself to a variety of leisure uses.

Accommodation

The property has the following approximate net internal floor areas: 286.61 sq m (3,085 sq ft)

Tenure

The property is to be let by way of a new effective full repairing and insuring lease for a term of years to be agreed at an annual rent of 35,000 per annum exclusive.

Town & Country Planning

It is understood that the property currently benefits from A3 (food and drink) planning consent as detailed in the Town & Country Planning (Use Classes) Order 1987. We further understand that the property would be suitable for alternative uses such as retail, subject to planning consent.

We advise all interested parties to make their own enquiries of the Planning Department of Newark & Sherwood District Council (Tel: 01636 650000).

Rates

The rateable value of the property has yet to be assessed. Please ask the agent for further details.

Legal Costs

The incoming tenant will be responsible for the landlord's reasonable legal costs

Vat

VAT will be levied on all outgoings.

Service Charge

A service charge will be levied to cover external repairs to the property and mainenance and repair of the common parts.

Viewing

Strictly by prior appointment with the Agent.
Contact John Elliott on 01522 504304

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More information from this agent

Nearest stations

  • Newark Castle (0.3 mi)
  • Newark North Gate (0.7 mi)
  • Rolleston (3.7 mi)
Distances are straight line measurements

To view this property or request more details, contact:

JHWalter, Lincoln

1 Mint Lane, Lincoln, LN1 1UD

03301 011629 Local call rate

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Disclaimer

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