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Retail/Shop

Retail/Shop For Sale Newark-On-Trent

PROPERTY ID: 127899

PROPERTY TYPE

Retail/Shop

STATUS

Available

SIZE

1,216 sq.ft

Key Features

£300,000 reflecting an NIY of 8.09% (No VAT)
Currently let at £25,000 pax until November 2033
Ground and part first floor let to Let It Limited (20 years in situ)
Nearby occupiers include an Asda superstore, Travelodge and Newark Bus Station

Property Details

The Property Comprises A 3 Storey Terraced Building Along The Primary Thoroughfare Through Newark. The Ground And First Floor Fronting Lombard Street Is Currently Occupied By An Estate Agent And Benefits From A Fully Glazed Frontage, Wooden Flooring, Led Spot Lighting As Well As A Fully Carpeted First Floor. The Remainder Of The Property Comprises 6 Flats Which Have Been Sold Long Leasehold And Currently Pay An Annual Ground Rent Of A Peppercorn.

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About the Agent

Innes England

See Agent's Other Properties

Retail Unit

£300,000 Freehold

23-25 Lombard Street, Newark-On-Trent, NG24 1XG
Retail/Shop - Available
1,216 sq ft
113 sqm
Show phone number

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