Land on Farndon Road, Newark, Nottinghamshire, NG24

THIS PROPERTY IS AVALIABLE FOR SALE OR TO LET:

Price
£175,000 (One Hundred and Seventy Five Thousand Pounds)

Rent
£15,000 (Fifteen Thousand Pounds) Per Annum Exclusive



Description
The subject plot of land is currently being utilised as a rental display of second hand vehicles.

The area of land can hold up to 50 vehicles and could offer a redevelopment opportunity subject to the necessary planning consents being granted.

Location
The subject property is situated with a frontage to the B6166 Farndon Road with a return onto The Osiers. The B6166 provides direct access into Newark town centre located approximately one mile to the north east of the subject property. Links are available with the A46 just to the south west of the subject property, part of the Outer Ring Road system to the north west of Newark town centre.

The A46 does link with the A1 approximately one and a half miles to the north east of the subject property providing access to the north and south of the country, with the A46 linking with Lincoln located approximately ten miles distance to the north east of the subject property.

Business Rates
Rateable Value: £12,000

This is not the amount you will pay. Budget figures are available from the Agents. For further information on Rates Payable and Small Business Rates Relief contact Newark and Sherwood District Council.

Planning
We understand that the property has Planning Consent for its existing use.

For further information, please contact Newark and Sherwood District Council

EPC (Energy Performance Certificates)
A copy of the existing building's Energy Performance Certificate can be obtained from the Agents

Terms
The premises are available to purchase on a vacant possession basis.

OR

The premises are available To Let by way of a New Lease on terms to be agreed

ADDITIONAL
The adjacent showroom to this land is also available for sale/to let at a price of

£395,000 / £30,000 per annum exclusive

(Further information is available from the agents)

VAT
Prices are quoted exclusive of Value Added Tax (VAT).

Legal Costs
Each party will be responsible for their own legal costs incurred in this transaction.

Viewing
Strictly by prior appointment with the Sole Agents Musson Liggins Ltd.