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4 Queens Head Court, Newark NG24 1EL

Guide Price
£140,000

Business rates & charges may apply

SDL Property Auctions - Commercial, Nationwide
SIZE

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SECTOR

Commercial property for sale

Key features

  • Auction: 29.05.2025 09:00
  • A freehold Grade II listed building
  • Prime Location.
  • Business ready to go - with equipment being included with sale
  • EPC Rating: Exempt

Description

For sale on 29 May 2025
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.
The auction will commence at 09:00.

A freehold Grade II listed building located in the popular Queens Head Court which is centrally located in Newark offered with vacant possession upon completion.

We have been advised that the property was until recently trading as a vey busy café specialising in home made foods. We have been advised that all the equipment will be left as is and that a new owner could with reality minimal work reopen or offer the unit for let.

Front External: At the front of the property, there are three tables, each with four chairs, but this setup can be expanded to accommodate up to 25 covers.

Ground Floor: The ground floor features a 12-cover dining area, a main counter servery, and a fully fitted kitchen.

First Floor: Accessible via a solid wood staircase, the first floor offers a larger space for 35 covers and includes additional customer toilets.

We have been verbally advised by the seller that some items are being left at the property, should prospective buyers wish to make use of these, including:

2x undercounter fridges
6x hob electric cooker & oven
4x door counter fridge
1x Salamander grill
1x top and bottom grill
2x microwaves
1x tall fridge
1x small freezer
1x tall freezer
1x drinks fridge
1x dishwasher
1x 2-arm coffee machine
1x cake display
2x Epsom touchscreen till points
Large selection of solid wooden chairs and tables, including highchairs
2x toasters
Pots and pans
Plates and Dishes
Kettles
Selection of China tea pots, coffee pots, and crockery

Please note that this list may not be exact, and no guarantee is given in respect of the quality or working order of the items. Prospective buyers are advised to book a viewing, and make all necessary independent enquiries before placing their bid, as this will be binding.

Newark is a sizeable Market Town with a residential population of 25,000, together with a catchment area giving a population of 113,000 approximately. The area is placed reasonably centrally in the UK and is well placed for access to the A1 for commuting North and South. Newark is on the main East Coast railway line with regular railway services to London Kings Cross with journey times just over 75 minutes.

Value Added Tax:
We are informed VAT will be payable on the purchase price.

Construction Material: Standard brick
Broadband Standard - 17 mbps and Superfast - 80 mbps available
Mobile Phone Coverage: O2, EE, Three and Vodafone available
Conservation Area We have been made aware this property is in a conservation area. Prospective buyers are advised to make all necessary independent enquiries prior to bidding, as any bid made will be binding.
Draft Sales Details These sales details are awaiting vendor approval.

Tenure: Freehold

EPC Rating: Exempt

Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Timed Auction and is being sold under and Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of 2% of the purchase price (inc VAT).

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Brochures

4 Queens Head Court, Newark NG24 1EL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newark Castle Station0.3 miles
  • Newark North Gate Station0.5 miles
  • Rolleston Station3.8 miles

About SDL Property Auctions - Commercial, Nationwide

17 Regan Way, Toton, Nottingham, NG9 6RZ

At SDL Property Auctions, our award-winning team, sells a wide range of residential and commercial properties across the length and breadth of the UK, for both private individuals and corporate clients. Our lots range from investment properties, vacant houses, building plots, commercial and mixed-use buildings and more.

With a commitment to speed, simplicity and certainty, SDL Property Auctions offers customers the fastest, simplest and safest way to buy or sell residential and commercial properties, through our ground-breaking online auction platforms. Whether a first-time or experienced buyer or investor, our award-winning team provides our customers with a seamless transaction and a swift, efficient and fair auction experience.

Our monthly National Property Auctions are live streamed online - for free and without logging in - from our head office auction studio with a live auctioneer at the rostrum and are open to remote bidding online, on the phone and by proxy. We also hold Timed Auctions on our website every day of the year. With all lots open to bidding 24/7, buyers can click and immediately place their bids at a time to suit them.

Triple award winners at the 2023 Negotiator Awards - the property industry Oscars - in the Residential Auction Service, Marketing Campaign and Rising Star categories, SDL Property Auctions has cemented our position as both a regional and national industry leader.

You can regularly see us on BBC's Homes under the Hammer and Channel 4's The Great House Giveaway.

Saving the world from property woes, one auction at a time. Still the lots you'll love. Still the team you trust. Now proud to be part of Eddisons. Take a look at our website to find out what property auctions are all about.

Notes

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Disclaimer - Property reference 202408271541sq_jqxj. 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 SDL Property Auctions - Commercial, Nationwide. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call SDL Property Auctions - Commercial, Nationwide on 08000 465454.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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