54 Carter Gate, Newark NG24 1UB
Business rates & charges may apply
- SIZE
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- SECTOR
Commercial property for sale
Key features
- Investment let at £12,000 p.a. (10% GIY on guide)
- Comprising of retails space at ground floor and ancillary space at first floor
- Let on a 5 year lease from 2022 (reversion 2027)
- Development potential to additional space at 1st floor
- Located on a pedestrianised street
- Rear yard with a car parking space
Description
There is possible development potential to add additional space at first floor and convert to residential dwelling (subject to the existing lease and requisite consents)
Nearby occupiers include Sports Direct, Argos, Cash convertors as well as a wide range of local & established independent retailers.
No.50 is an identical property that sold for £140,000 in 2021.
The property is located on the west side of Cartergate Street. Close to the junction with Beaumond Cross.
Newark Northgate station is located an approx. 0.6 miles from the property
Newark Castle Station is located an approx. 0.5 miles from the property
54 Carter Gate, Newark NG24 1UB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Newark Castle Station0.4 miles
- Newark North Gate Station0.6 miles
- Rolleston Station3.9 miles
About Savills, Savills, Auctions
33 Margaret Street, London, W1G 0JD
Notes
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