Office For Sale, Newark-On-Trent
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£215,000 Freehold
23-25 Lombard Street, Newark-On-Trent, NG24 1XG
Type
Office
Status
Under Offer
Size
1,216 sq ft
Key Features
- £215,000 reflecting an NIY of 11.4% (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.
The Remainder Of The Property Comprises 6 Flats Which Have Been Sold Long Leasehold And Currently Pay An Annual Ground Rent Of A Peppercorn.
Location
Innes England
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Innes England