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28 - 32B Castle Gate, Newark, Nottingham, NG24 1BG

£350,000

£62.03 per sq ft

Business rates & charges may apply

NG Chartered Surveyors, Nottingham
SIZE AVAILABLE

5,642 sq ft

524 sq m

SECTOR

Commercial property for sale

Key features

  • Guide price of £350,000 which reflects a net initial yield of 9.84% allowing for standard purchaser’s costs
  • Total rental income of £35,785 per annum
  • Long-term tenants in situ
  • Mixed use investment
  • Re-development opportunity STP

Description

A charming Grade II Listed property comprising two distinct buildings offering a versatile mix of retail, office, residential, and workshop space.
28–30A Castle Gate: A prominent and characterful three-storey frontage building, providing flexible accommodation across ground, first and second floors. Currently used for retail, office, and residential purposes, with potential for alternative uses (subject to planning).

32A–32C Castle Gate: A separate two-storey brick building to the rear, currently operating as a workshop and microbrewery. Independently accessed via a private roadway, which also serves dedicated parking for both elements.

28-32B Castle Gate occupies a prime position in the heart of Newark-on-Trent, an historic and well-connected market town in Nottinghamshire. The property is prominently situated on Castle Gate, one of Newark’s principal thoroughfares, benefiting from strong footfall and excellent visibility.

Brochures

28 - 32B Castle Gate, Newark, Nottingham, NG24 1BG

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newark Castle Station0.3 miles
  • Newark North Gate Station0.7 miles
  • Rolleston Station3.7 miles

About NG Chartered Surveyors, Nottingham

8 Landmere Lane West Bridgford Nottingham NG12 4DG

NG is a leading firm of Chartered Surveyors, established in 1980 in Nottingham. We are still invested in Nottingham and remain deeply committed to the East Midlands.

With huge experience and extensive knowledge, we are here to help and guide you through your commercial property journey. At NG we understand the importance of technology and what that offers our business, as well as yours, allowing us to stay ahead of the game and continue to be at the forefront of the commercial market in the East Midlands.

We provide a wide range of industrial and commercial property services to an extensive portfolio of local and national clients, many of whom have been loyal to us for years.

Our services include:

Acquisitions

Commercial Property Investment

Commercial Property Development

Commercial Property Agency

Property Management

Residential Block Management

Commercial Property Valuations

Residential Property Valuations

Schedules of Dilapidations

Schedules of Condition

Our success comes from a quiet determination to do the finest job we can. Never complacent, we treat every client as if they were our first and know how to build lasting businesses relationships.

NG works to the highest standards of service and professionalism. All our Surveyors and directors are members of the Royal Institution of Chartered Surveyors.

Whilst it is something of a cliché, our people are talented, dedicated and have a strong team spirit. Our expert team specialise in specific areas and we will always ensure you are liaising with an expert in their field. We are pride ourselves on being different, from diverse backgrounds and our family feel ensures we don't come across as corporate, we take the personalised approach in everything we do.

Clients trust our advice, which combines detailed knowledge with experience and, very importantly, honesty. We build lasting relationships with clients and many repay us with the greatest compliment of all - by returning to do more business, year after year.

Contact us today to find out more about any of the properties shown or if you have a general query or question, the team will be here to help and support you.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 372567-1. 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 NG Chartered Surveyors, Nottingham. 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.

Map data ©OpenStreetMap contributors.

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