23-25 Lombard Street, Newark, Nottinghamshire, NG24 1XG
Business rates & charges may apply
- SIZE
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- SECTOR
Office for sale
Key features
- An opportunity to acquire a freehold three storey office investment property
- Located in the heart of Newark town centre
- Current Rent Reserved of £25,000 pa
Description
For Sale by Public Auction on 19/06/2025 at Trent Bridge Cricket Ground
£195,000+
Freehold three-storey office investment property
Situated in the heart of Newark town centre
Located in a prominent position on Lombard Street
A short walk to a variety of amenities: shops, restaurants & pubs
Close to Asda Supermarket, Travel Lodge & Bus station
A 2-minute walk to Newark's Royal Market Place
Near Newark North Gate Station, 1hr 13 mins train to London
Less than 1 mile from Farndon Roundabout leading to the A46
20-minute drive to Lincoln & 35 minutes to Nottingham
GF: Sales area, office & staff toilets (802 sq ft)
Benefits from fully glazed frontage
FF: Office & storage (414 sq ft)
SF: 6 apartments which have been sold off on Long Leasehold
Service charge payable of £2,916 pa
Let on a 10 year IRI lease to Let It Ltd t/a Whitegates dated 23.11.23
Whitegates have been in situ for over 20 years
Current Rent Reserved of £25,000 pa
An ideal investment opportunity
Viewings
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Brochures
23-25 Lombard Street, Newark, Nottinghamshire, NG24 1XG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Newark Castle Station0.4 miles
- Newark North Gate Station0.7 miles
- Rolleston Station3.8 miles
Notes
Disclaimer - Property reference 292294. 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 Auction Estates 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.
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 Auction Estates Ltd, Nottingham on 0115 647 1710.
*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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