Bowbridge Road, Newark, Nottinghamshire, NG24
£27.03 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,403 sq ft
223 sq m
- SECTOR
Light industrial facility for sale
- USE CLASSUse class orders: Class E
E
Key features
- Freehold (NT391129) For Sale via Modern Method of Auction (T&Cs apply)
- Start Bid £64,950 subject to reserve
- 2,403 sq ft of trade/workshop space with PARKING
- Accessible location off Bowbridge Road (A1 and town centre within easy reach)
- Secure barrier access to the estate
- Auction End Date: 8th August 2025 @ 12pm
- BLOCK VIEWINGS ON THOSE DATES/TIMES SPECIFIED
- EPC - TBC
Description
NOTE - BLOCK VIEWINGS WILL TAKE PLACE ON THE FOLLOWING DATES:
25th July 2025 @ 9am - 10:30am
1st August 2025 @ 9am - 10:30am
6th August 2025 @ 9am - 10:30am
The auction will end on the 8th August 2025 at 12pm.
LOCATION
The property is situated on established cul-de-sac industrial estate off Bowbridge Road, which is ideally positioned with easy access to both Newark Town Centre and the A1/wider road network.
Newark-on-Trent is a market town in the Newark and Sherwood district in Nottinghamshire. It sits on the River Trent, and with the A1 road bypassing the town.
ACCOMMODATION
The property comprises a trade-counter/sales area, two workshop areas with separate vehicular entrances and stores. The accommodation extends to 2,403 sq ft (223.2 sq m) on a GIA basis.
THE SITE
The site is accessed via a barrier that is operated on a first in/last out basis; we are not aware of any service charge provisions being in place for any communal areas.
SERVICES
Mains electric (inc 3 Phase), drainage and water are connected to the Property.
RATEABLE VALUE
The buyer will be responsible for the business rates.
EPC
We are waiting confirmation.
TENURE
The freehold interest is for sale via the Modern Method of Auction.
VAT
We understand that VAT is not applicable.
VIEWING INFORMATION
Block Viewings will take place on:
25th July 2025 @ 9am - 10:30am
1st August 2025 @ 9am - 10:30am
6th August 2025 @ 9am - 10:30am
All viewers are required to formally register with the agents prior to the viewing.
TIMELINE
Note, the end date may change subject to the auction pack being made
available.
ACTIONEERS COMMENTS
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Summary of Costs incurred to a buyer
Auction Pack Costs + Reservation Fee + Purchase Price
Brochures
Bowbridge Road, Newark, Nottinghamshire, NG24
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Newark North Gate Station1.5 miles
- Newark Castle Station1.5 miles
- Rolleston Station4.0 miles
Notes
Disclaimer - Property reference CS1907. 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 Wood Moore & Co Ltd, Newark. 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 Wood Moore & Co Ltd, Newark on 01636 556295.
*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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