The Ossington, Beast Market Hill, Newark

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £95,000

Closing Date: TBC 

Situated in one of Newark's most iconic Grade II listed converted buildings, ‘The Ossington’ set in the Heart of Newark with panoramic town centre views, this second floor apartment is a short walk to both Newark train stations.

The wonderful apartment oozes with charm and character, with beautifully appointed accommodation comprising of: a secure communal entrance hallway with steps leading to the apartments entrance door, with accommodation consisting of: entrance hallway, spacious adaptable living space with vaulted ceiling, breakfast kitchen with quartz worktops and integrated appliances including fridge, freezer, washer dryer, dishwasher, two ovens, a microwave and an electric induction hob; a master bedroom with built in wardrobes and a further luxury Villeroy & Boch bathroom suite with Porcelanosa fully tiled walls and floor and underfloor heating.

The property hugely benefits from its desirable location and the views are breath taking, gas central heating, and covered car parking.

An Interactive Property Report for this property can be viewed via the following web portals, UNDER THE VIRTUAL TOUR TAB on Rightmove, Zoopla, On The Market and Newton Fallowell. The report includes FURTHER MATERIAL INFORMATION, including information on - Title Plan and Plot, Maps, House Price Statistics, Flood Risk, Media Availability, In depth Local School Information, Transport Links, etc.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Auctioneers Additional Comments Continues

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

Auctioneers Additional Comments Continues

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.
These prices are subject to change.


An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments Continues

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Lease Details

Management Company - Shoby Properties LTD -
Years Remaining on Lease - 125 years from 2001
Current Ground Rent £100 per annum set to increase to £200 in June 2026
Current Service Charge £934.73 per quarter
Current Buildings Insurance £560.20 per annum

The Ossington Building

The Ossington is an iconic Newark Landmark originally built in 1882, by Lady Ossington in memory of her late husband John Dennison MP, Standing close to the river Trent and overlooking Newark Castle; the building was designed to serve as a Coffee Palace for social gatherings, lectures, dances etc without the consumption of alcohol, all profits went to support Newark Hospital. Due to its popularity and success a second Ossington Coffee Palace was constructed in Marylebone, London.

ACCOMODATION - Rooms and Measurements

Entrance Hallway

1.45m x 1.07m (4'9'' x 3'6'')

Adaptable Open Plan Living Space

10.29m x 5.51m (33'9 x 18'1)

maximum measurements

Breakfast Kitchen

3.15m x 1.57m (10'4'' x 5'2'')

Master Bedroom

4.39m x 3.96m (14'5'' x 13'

Luxury Bathroom

3.30m x 1.68m (10'10'' x 5'6)

maximum measurements

Services

Mains gas, electricity, water and drainage are connected.

Newark

A traditional market town that benefits from its excellent location, situated just off the A1 and A46 between the cities of Nottingham and Lincoln and having 2 railway stations including Northgate Station which is on the east coast Main line offering commuters and shoppers easy access to London. The town is full of character with its bustling traditional cobbled market square and ruins of Newark castle that date back to 1123. Newark boasts a wealth of successful independent shops and boutiques, as well as a wide range of national chains. The town also offers an array of restaurants and cafes, a theatre and a multi-screen cinema. Newark is also a hub for antique enthusiasts, with its various antique shops and regular antique fairs held at the nearby Newark Showground.

Agent's Note - Sales Particulars

Although these particulars are thought to be materially correct, their accuracy cannot be guaranteed, and they do not form part of any contract. All services, heating systems and appliances have not and will not be tested, and no guarantees have been provided for any aspects of the property, measurements cannot be taken to be accurate, they are given as a guide only.

Interactive Property Report

An Interactive Property Report for this property can be viewed on the following web portals, under the virtual tour tab - Rightmove, Zoopla and Newton Fallowell. The report includes a wealth of material including information on - Title Plan and Plot, Maps, House Price Statistics, Flood Risk, Media Availability, In depth Local School Information, Transport Links, etc.

Anti-Money Laundering Regulations

Anti-Money Laundering Regulations - Intending purchasers will be asked to produce identification documentation at the offer stage and we would ask for your co-operation in order that there will be no delay in agreeing a sale.

Referrals

Newton Fallowell Newark and our partners provide a range of services to our vendors and buyers. Conveyancing - If you require a solicitor to handle your sale or purchase, we can refer you on to a panel of preferred providers, we may receive a referral of up to £350 if you choose to use their services, there is no obligation to use solicitors we refer to. Mortgage Advice - Correct budgeting is crucial before committing to purchasing a property. You are free to arrange your own advice, but we can refer you to the Mortgage Advice Bureau who are in house for specialist advice on 1000s of mortgage deals if required. Please be aware that we may receive a fee of £332 if you ultimately choose to arrange a mortgage/insurance through them. Property Surveys - If you require a property survey of any kind, we can refer you to an RICS surveyor, and we may receive a referral fee of up to £30 should you chose to arrange a survey through them. For more information, please call the office.