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42,44,46 Middle Gate, Newark On Trent, Nottinghamshire

£995,000

£369.20 per sq ft

Business rates & charges may apply

Innes England Ltd, Nottingham
SIZE AVAILABLE

2,695 sq ft

250 sq m

SECTOR

Commercial property for sale

Key features

  • Total income of £101,300 (GIY of 10.18%)
  • Ground floor split into 3 retails units producing a total of £42,500 per annum
  • First and second floors consist of an 8 bed HMO producing £58,800 per annum
  • Recently refurbished accommodation in excellent central location

Description

He property consists of a substantial period building of Georgian architecture fronting onto Middle Gate. The building comprises of brick block elevations beneath a pitched slate covered roof. The property has undergone some extensive reconfiguration and refurbishment to provide three self-contained, ground floor, retail units together with an 8-bedroom HMO over the first and second floors.

Access to the residential element is via a designated central doorway on Middle Gate. The HMO flat has the benefit of a communal fully fitted kitchen on the first floor. The individual rooms benefit from electric heating. Each room is separately metered. Some rooms have the benefit of ensuite facilities and kitchen facilities.

Brochures

42,44,46 Middle Gate, Newark On Trent, Nottinghamshire

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newark Castle Station0.3 miles
  • Newark North Gate Station0.6 miles
  • Rolleston Station3.8 miles

About Innes England Ltd, Nottingham

2 The Triangle, Enterprise Way, NG2 Business Park, Nottingham, NG2 1AE

Innes England commercial property agency has offices in Nottingham, Derby and Leicester.

The region's leading commercial property agency managing sales, lettings, investments, disposals and acquisitions of all commercial property including office, retail and industrial. Expert teams provide additional asset management, consultancy, professional services and building consultancy.

Nottingham Office

Innes England works with clients across the UK, with a special focus on the East Midlands. As the most active agent in the East Midlands for ten consecutive years*, this means we put more of our energy into driving results for our clients than any other agent in the region.

We are the only commercial property consultancy to have offices in Derby, Leicester and Nottingham, giving us an unrivalled local knowledge which allows us to offer relevant, tailored and well-informed advice to our clients.

Our extensive team provides expertise spanning the entire commercial property spectrum with surveyors, retail specialists and property asset management professionals backed up by a highly capable support team. Our shareholding directors take a hands-on approach, working in the business on a day-to-day basis and offering their experience and know-how to clients' projects.

We have a proven track record of delivering real results, and have worked with an enviable client list on countless successful projects, always with a focus on finding a commercial, viable solution, reducing risk and maximising value.

Innes England offers services in:

Acquisitions, disposals and lettings

Land sales and commercial development

Property asset management

Investment services

Business rates, lease consultancy and valuation

Building consultancy

Energy consultancy and Energy Performance Certificates (EPCs)

Derby Office

https://www.rightmove.co.uk/estate-agents/agent/Innes-England-Ltd/Derby-88900.html

Leicester Office

https://www.rightmove.co.uk/estate-agents/agent/Innes-England-Ltd/Leicester-88897.html

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 8686FH. 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 Innes England Ltd, Nottingham. 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.

Map data ©OpenStreetMap contributors.

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