Commercial property for sale in Lombard Street, Newark NG24

£300,000 (£246.71/sq. ft)
Interested in this property? Call +44 115 691 2786 * or Request Details

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Commercial property for sale

1,216 sq. ft*

Property 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 description

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.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Innes England, NG2 on +44 115 691 2786 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Innes England, and do not constitute property particulars. Please contact Innes England for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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