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Bingo Hall, 69 Castle Gate, Newark, NG24 1BE

£7,000 pcm
£84,000 pa

£6.00 per sq ft

Business rates & charges may apply

P&F, Commercial
SIZE AVAILABLE

14,000 sq ft

1,301 sq m

SECTOR

Leisure facility to lease

Lease details

Lease available date:
Ask agent

Key features

  • Available at Circa £5 psf = £70,000 per annum
  • Available June/July 2024
  • Newark Town centre Location
  • Plus Service Charge and Insurance
  • Within an establish Leisure Hub

Description

The Castlegate Centre occupies a prominent corner position at the busy junction of Castlegate and Lombard Street in the heart of the town centre. Castlegate forms part of Newark's established restaurant, café and bar circuit and is home to many good quality regional and national operators. It is close to the new Asda and bus station development which has created a new and vibrant hub of activity in the area.

The historic market town of Newark, with a catchment of over 150,000, is located approximately 16 miles southwest of Lincoln, 17 miles north east of Nottingham and 13 miles north west of Grantham. The town is located at the junction of the A1,A46 and A17 and is situated on the East Coast Main Line railway. It is well known for its market, which is surrounded by attractive Georgian buildings. This, coupled with its Castle and strong reputation for antiques and antiquities, ensures it is popular with both residents and visitors.

Strictly by prior appointment via the sole agents P & F Commercial Tel: or via email

Offered for let on new lease terms - 10 + years expected on fully repairing and insuring terms.
Initial passing rent £70,000 per annum plus VAT.
Service charge for this current year is £16,500 per annum.
Building insurance re-charged at cost.

The accommodation comprises the following areas:

Brochures

Bingo Hall, 69 Castle Gate, Newark, NG24 1BE

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newark Castle Station0.3 miles
  • Newark North Gate Station0.7 miles
  • Rolleston Station3.7 miles

About P&F, Commercial

18 Midland Court Station Approach Oakham Rutland LE15 6RA

P&F, Commercial

P&F Commercial are the only dedicated sole Commercial Estate Agency in Rutland with unrivaled regional knowledge and forty years’ combined experience. P&F Commercial can offer the kind of assurance and exceptional personal attention clients know they can depend on when making important commercial property decisions.

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Notes

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Disclaimer - Property reference 208774-2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by P&F, Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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