14 Chain Lane, Newark, NG24

Enquire and book online quoting reference 23297

TO LET – PRIME RETAIL UNIT IN NEWARK TOWN CENTRE

14 Chain Lane, Newark, Nottinghamshire NG24 1AU

An excellent opportunity to occupy a recently refurbished ground floor retail unit in a vibrant town centre location, just steps from the historic Newark Market Place. Situated in a high footfall area, this unit benefits from strong pedestrian traffic and excellent visibility.

Available from: 1 August 2025

Rent: £583.55 per calendar month + VAT

Deposit: One month’s rent

Property Features:

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  Retail Area: approx. 170 sq ft (15.8 sqm), Kitchen Area: approx. 30 sq ft (2.8 sqm), Storage Area: approx. 25 sq ft (1.9 sqm), Total Approx. Area: 225 sq ft (20.9 sqm)

  
  
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  Recently refurbished throughout, Well-presented and ready to occupy, Prominent town centre position, Ideal for a range of retail and business uses

  
  

Additional Benefits:

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  Potential for 100% Small Business Rates Relief (subject to eligibility), Excellent location for start-ups, independents, and established operators alike, Flexible terms available

  
  

Don’t miss this rare chance to secure a quality unit in the heart of Newark.

Description and Location .

The premises are self-contained and form part of a Grade II Listed building with a prominent frontage to Chain Lane, an attractive retail street scene which connects Middlegate with the Market Place. There has been extensive refurbishment works undertaken including the installation of a new shop front, kitchen/WC and energy-efficient lighting.  Newark is an attractive and thriving market town with a population of 36,000 with regular markets serving a district population of approximately 90,000, The town is well served with excellent communication links via the A1, A1, A46 & A17 trunks roads, and the East Coast main rail line to London. The surrounding Centre's of Nottingham and Lincoln are both within approximately 40 minutes’ drive.     

Services 

Mains electricity, water and drainage are connected to the property. Interested parties should make their own enquiries as to the capacity and suitability of the services available.  

Rateable Value 

The rateable value is £4,050 (information obtained from the Valuation Office Agency Website).  An ingoing tenant may be eligible for Small Business Rate Relief, subject to status.  All enquiries regarding Business Rates should be made directly to Newark & Sherwood District Council Business Rates Department .  

Tenure 

The premises are available ‘To Let’ on a new Lease for a term to be agreed at a rent of £7,000 per annum plus VAT. The Lease will be on an internal repairing basis with a service charge payable to cover communal and external repairs as well as building insurance at a rate of £25 per calendar month.  

EPC 

This property is Grade II listed and therefore exempt.  

VAT 

All figures quoted are exclusive of VAT which is payable at the prevailing rate. 

Costs 

Each party to be responsible for their own legal and professional costs incurred in creating the lease. 

Viewing 

By arrangement through the agents.