Unit 3, 14 Barnby Gate, Newark, Nottinghamshire, NG24

£75,000

Size

972

Tenure

Leasehold

EPC

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Parking

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Primary use
High street retail
Frontage
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No floor / site plan

Key features

  • ERV: £9,600 p.a. GIY: 12.80%
  • Vacant possession
  • Comprises ground floor retail shop
  • Suitable for variety of uses (Class E)

Description

Investment Consideration:
Vacant possession
ERV: £9,600 p.a. GIY: 12.80%
VAT is applicable to this property
Comprises ground floor retail shop
Suitable for variety of uses (Class E)
Occupiers close by include Argos, Sports Direct, Cash Convertors, Oxfam and more.

Property Description:
Comprises ground floor retail shop, previously used as hair salon, providing the following accommodation and dimensions:
Ground Floor: 90.30 sq m (972 sq ft)
Open plan retail, storage, kitchen, wc

Tenancy:
The property is at present vacant. ERV: £9,600 p.a.

Tenure:
Long leasehold. To be held on a 999 Year lease from completion at a ground rent of peppercorn.

Location:
Newark is an attractive market town situated 17 miles north-east of Nottingham and 16 miles south-west of Lincoln. The town is located at the junction of the A1 and A46 dual carriageways, giving good access in both north to south and east to west directions. Newark Northgate Station is 0.6 miles to the north-east of the property and provides direct trains to London and Leeds. The property is situated on the south side of Barnby Gate, between its junctions with Carter Gate and Guildhall Street, a short distance tothe east of the town centre. The rear of the property fronts Balderton Gate. Occupiers close by include Argos, Sports Direct, Cash Convertors and Oxfam amongst a range of local traders.
Additional information
Service charge
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Business rates
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Use class
E
Listed building
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Floors in building
1
Leasehold: 999 years left
Tenure
Leasehold
Length of lease
999 years left
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Unit 3, 14 Barnby Gate, Newark, Nottinghamshire, NG24

NEAREST STATIONS

National Rail

Newark Castle Station

0.46 miles

National Rail

Newark North Gate Station

0.49 miles

National Rail

Rolleston Station

3.95 miles

About BLUE ALPINE PARTNERS LIMITED, London

BLUE ALPINE PARTNERS LIMITED, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

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Disclaimer - Property reference unit3barnbygate. 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 BLUE ALPINE PARTNERS LIMITED, London. 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.