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High street retail property to lease

Units 5 - 7, The Buttermarket, Middle Gate, Newark, NG24 1AL

£1,250 pcm
£15,000 pa

£10.83 per sq ft

Business rates & charges may apply

Wood Moore & Co Ltd, Newark
SIZE AVAILABLE

1,385 sq ft

129 sq m

SECTOR

High street retail property to lease

Lease details

Lease available date:
Now
Lease type:
Long term

Key features

  • Prominent town centre retail unit set within a historic building
  • Extending to 1,385 sqft with strong visibility
  • Excellent frontage directly opposite the popular Tambo Lounge
  • With ongoing developments and incentives to drive footfall
  • Suitable for a variety of different uses (STPP)
  • Available to rent at £15,000 PAX with flexible terms considered
  • Marketed on behalf of Newark and Sherwood District Council.

Description

Units 5–7 comprise an attractive ground floor retail unit within a characterful historic building. The accommodation extends to approximately 1,385 sq ft and benefits from a wide, highly visible frontage onto Buttermarket, making it well suited to retailers seeking strong presence. The unit offers flexible open-plan retail accommodation with access to staff facilities. Furthermore, the property forms part of a wider scheme to enhance the overall trading environment, driving footfall into The Buttermarket.

The property is prominently positioned on Buttermarket/Middlegate in the heart of Newark town centre. This well-established retail location benefits from strong pedestrian footfall and close proximity to national and independent retailers, cafés, and leisure operators.

Newark benefits from excellent transport links, including a mainline railway station with direct services to London King’s Cross.

Viewings are to be arranged via Newark and Sherwood District Council:

Daniel Thompson
Corporate Property - Newark and Sherwood District Council
Mobile:
Email: daniel.

The lease terms remain negotiable with flexible terms considered.

The building is opted to tax and VAT will be charged where necessary, including on the rent.

A service charge will be payable for the upkeep and maintenance of all communal/shared areas. Full details can be made available to any interested party, on request.

We understand the rateable value is currently £25,750, reducing to £23,000 in April 2026.

The property has an EPC rating of B (31).

Brochures

Units 5 - 7, The Buttermarket, Middle Gate, Newark, NG24 1AL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newark Castle Station0.3 miles
  • Newark North Gate Station0.6 miles
  • Rolleston Station3.8 miles

About Wood Moore & Co Ltd, Newark

Navigation House, 48 Mill Gate, Newark, NG24 4TS

Wood Moore & Co is an East Midlands based independent firm of Chartered Surveyors and Commercial Property Consultants established nearly 25 years ago. Combining wider expertise with strong local & regional knowledge, and led by a team of dedicated professionals who are long-established in the local property market throughout Nottinghamshire and Lincolnshire, with particular emphasis on commercial property in Newark, Grantham and Lincoln. Wood Moore & Co. are a multi-disciplined practice with integrated expertise in the commercial estate agency, property management and professional service sectors.

Notes

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