Martindale Lane, Newark

LOCATION
The property is located on Martindale Lane, off Lombard Street within the heart of the town centre of Newark. The property is ideally located close to local and national retailers including Asda, Travelodge Hotel and opposite the NCP multi-storey carpark.

DESCRIPTION
Opportunity to lease this Retail premises which is located right next door to ASDA.

The property comprises a single storey ground floor retail unit. Ideal for a number of small retail businesses or can be used as offices.

Internally, the property is one single large room with a tiled floor and neutrally painted walls and ceilings. There are WC facilities which are shared with the other units on Martindale Lane.

SERVICES
It is understood all mains services are connected but have not been tested by the agents. The unit benefits from Three phase electrics.

TERMS
New FRI lease terms to be agreed subject to contract. Legal costs and admin fees apply for the incoming tenant. References and documentation required to satisfy the landlords and its agents. We advise all unrepresented parties to seek their own professional advice.

OUTGOINGS
Business rates from 1st April 2023 - £11,000. Source VOA. All rates relief enquiries are to be made directly with the local council/VOA.

VAT
VAT is payable at the prevailing rate.

LEGAL COSTS
Legal costs and admin fees apply for the incoming tenant.

SERVICE CHARGE
A contribution towards service charge is payable.

PLANNING
Class E of the Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020.

OTHER
Important Information:
All statements contained in these particulars are provided in good faith and are believed to be correct but their accuracy is not guaranteed. These particulars do not constitute any part of any offer or contract. None of the statements contained herein are, or are intended to be statements or representations of fact or opinion by either the vendor or Reign or its employees or agents. All illustrations are for marketing purposes only and all interested parties are to make their own enquiries into the boundaries and title plans.
Neither Reign nor its employees or agents are authorised to make or give any representation, guarantees or warranties whatsoever in relation to the above premises. Interested parties must satisfy themselves by inspection or survey on any matter or statement contained in these particulars.
Health & Safety:
You are asked to exercise all care and diligence during your inspection of the property and the Agents are unable to warrant that the property is free of hazards or complies with Health and Safety legislation. The Agents accept no liability for injury or loss to persons or property when visiting.

VIEWING
Viewing is via sole agent Reign - All viewings are to be made prior appointment only.