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MapProperty to rent
Castle Gate, Newark
Property
345 sq ft / 32 sq m
Features and description
- Ground Floor Shop Premises To Let
- £8000 per annum exclusive
- Prominent Corner Location and Return Frontage
- Probably the Most Prestigious Street in Newark
- Busy Arterial Road Location
- Gross Internal Area 345 sq. ft
- 999 Year Leasehold Interest
- EPC Exempt
A ground floor shop premises providing 345 sq. ft internal space, a prominent arterial road frontage and return frontage to Stodman Street, probably one of the most prestigious locations in Newark. The historic 12th Century Castle is just opposite. The market place and centre of Newark is a very short walk from the property. Stodman Street, a busy trading area, provides an important link between the Trent Bridge area car parking, Castle Gate railway station and Newark town centre. The property is a 999 year leasehold interest.
A ground floor shop premises providing 345 sq. ft internal space, a prominent arterial road frontage and return frontage to Stodman Street, probably one of the most prestigious locations in Newark. The historic 12th Century Castle is just opposite. The market place and centre of Newark is a very short walk from the property. Stodman Street, a busy trading area, provides an important link between the Trent Bridge area car parking, Castle Gate railway station and Newark town centre. The property is a 999 year leasehold interest.
Newark is a sizeable market town with a population of 25,000 together with a catchment area with a population of 113,000 approximately. The area is placed reasonably central in the UK and well placed for access to the A1 for commuting to Retford (14 miles), Worksop (20 miles), Doncaster (30 miles) and south to Grantham (14 miles). The A1 is only 2 miles from the property and the A46 approximately 1.5 miles. Newark Northgate railway station has regular and frequent main line services to London King's Cross with journey times of just over 75 minutes. There are train services from Newark Castle Gate to Lincoln and Nottingham.
The property is available with vacant possession and the following accommodation is provided:
Sales Shop - 26'6 (frontage to Stodman Street) x 13' depth
Attractive old fireplace, cupboard containing the gas fired boiler. 365 sq.ft. Entrance door and display windows in the return frontage.
Small Wash Room And Wc -
Lease Terms - * The property is to be let on lease at a rent of £8000 per annum exclusive.
* Insurance rent will be charged in addition to the rent as a proportion of the insurance premium paid on the entire building. This, based on the current insurance premium, will be the sum of £ approximately
* Tenant to be responsible for internal repairs and decoration
* Tenant responsible for external decoration only.
* Landlord responsible for external and structural repairs
Lease Costs - Tenant to pay 50% of the cost of preparation of a new lease.
Rent Deposit - One months rent deposit required.
Record Of Condition - There will be a record of condition. The tenant will be under no obligation to return the property at the end of the lease in any better condition than as recorded at the start of the lease.
Lease Term - Six years proposed with a break clause on the third anniversary. Rent review third anniversary of the lease.
Services - Mains water, electricity and drainage are all connected to the property.
Possession - Vacant possession will be given on completion.
Viewing - Strictly by appointment with the selling agents.
A ground floor shop premises providing 345 sq. ft internal space, a prominent arterial road frontage and return frontage to Stodman Street, probably one of the most prestigious locations in Newark. The historic 12th Century Castle is just opposite. The market place and centre of Newark is a very short walk from the property. Stodman Street, a busy trading area, provides an important link between the Trent Bridge area car parking, Castle Gate railway station and Newark town centre. The property is a 999 year leasehold interest.
Newark is a sizeable market town with a population of 25,000 together with a catchment area with a population of 113,000 approximately. The area is placed reasonably central in the UK and well placed for access to the A1 for commuting to Retford (14 miles), Worksop (20 miles), Doncaster (30 miles) and south to Grantham (14 miles). The A1 is only 2 miles from the property and the A46 approximately 1.5 miles. Newark Northgate railway station has regular and frequent main line services to London King's Cross with journey times of just over 75 minutes. There are train services from Newark Castle Gate to Lincoln and Nottingham.
The property is available with vacant possession and the following accommodation is provided:
Sales Shop - 26'6 (frontage to Stodman Street) x 13' depth
Attractive old fireplace, cupboard containing the gas fired boiler. 365 sq.ft. Entrance door and display windows in the return frontage.
Small Wash Room And Wc -
Lease Terms - * The property is to be let on lease at a rent of £8000 per annum exclusive.
* Insurance rent will be charged in addition to the rent as a proportion of the insurance premium paid on the entire building. This, based on the current insurance premium, will be the sum of £ approximately
* Tenant to be responsible for internal repairs and decoration
* Tenant responsible for external decoration only.
* Landlord responsible for external and structural repairs
Lease Costs - Tenant to pay 50% of the cost of preparation of a new lease.
Rent Deposit - One months rent deposit required.
Record Of Condition - There will be a record of condition. The tenant will be under no obligation to return the property at the end of the lease in any better condition than as recorded at the start of the lease.
Lease Term - Six years proposed with a break clause on the third anniversary. Rent review third anniversary of the lease.
Services - Mains water, electricity and drainage are all connected to the property.
Possession - Vacant possession will be given on completion.
Viewing - Strictly by appointment with the selling agents.
Property information from this agent
About this agent
Richard Watkinson & Partners is one of the East Midlands most established estate agencies having had a presence in the area for more than 30 years. Our experienced and trusted agency has offices across the region specialising in residential and commercial sales as well as lettings. With friendly, approachable and knowledgeable staff, Richard Watkinson & Partners is known for its expertise in all areas of property. "I set up Richard Watkinson & Partners is 1988 with just three staff in a small office in North Gate, Newark. "A lot has changed since then - we now have more than 30 members of staff, six offices across the East Midlands as well as dedicated lettings, new homes and commercial agents - but the core values I set out when I started the business have remained. "High levels of customer service, a friendly, personable approach to estate agency and excellent local knowledge are all paramount in delivering a professional and effective service. These are the values upon which I built Richard Watkinson & Partners and I'm proud that these are always at the forefront of our agents' minds when dealing with customers. "Estate agency itself hasn't changed, it's still a business which orientates around people and that is something we instil in all of our staff. People still like to walk into their local estate agency, browse properties and talk to an agent who knows the area and can provide useful advice on how to buy or sell a home. All of our staff live locally and are able to provide the best possible local knowledge, providing customers with a personal service on which they can rely. "I'm proud that we remain a local, family-run business - always putting the customer first - and that our strong roots in the East Midlands continue to enable us to act as one of the region's leading agents across residential and commercial lettings and sales." - Founder, Richard Watkinson