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The Olde White Hart
34/34a Market Place
Newark
Nottinghamshire
NG24 1EG

£250,000
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PROMINENTLY LOCATED DEVELOPMENT OPPORTUNITY

3168 sq, ft

Approximate Site Area

For Sale

Features Include....

  • Central Location
  • Grade 2* Listed Building
  • Original Features

Property Summary

Description
The property is Grade II* listed and is one of Newark’s most important historical buildings.

The property currently comprises a ground floor shop with a double front comprising a retail sales area, two offices off, a kitchen and toilet. The ground floor area is quite easily capable of refurbishment (subject to the necessary consents) to reconfigure the existing layout which will increase the retail area.

With separate access off White Hart Yard at the rear is a staircase which provides access to the adjoining offices. These comprise at ground floor level, stores and a kitchen, and first/second floor offices and toilets. The offices retain original beams and are electric heated.

Planning
The premises is Grade 2* Listed and we understand that the property has Planning Consent for its existing use.
For further information please contact Newark & Sherwood District Council on 01636 650000.

Business Rates
Address: 35 Market Place, Newark
Description: Bank and Premises
RateableValue: £33,750

Address: 34 Market Place, Newark, Description: Offices and Premises
RateableValue: £10,500

Price
The premises are offered for sale at a guide price of £250,000 (STC).

Terms
The premises are available Freehold with Vacant Possession.

VAT
Please note that Value Added Tax (VAT) is exempt from the purchase price.

Legal Costs
Each party will be responsible for their own legal costs incurred in this transaction.

Energy Efficiency Rating
The property has an EPC rating of: G-204
An Energy Performance Certificate is available on request from the agent.

Services
We understand that mains electricity, water and drainage are connected to the premises, however, we recommend that interested parties contact the relevant service providers to confirm this.

Viewing
Strictly by prior appointment through the selling agents, Musson Liggins and FHP.

Location
The property is prominently located within the corner of Market Place and White Hart Yard fronting bustling Market Place in Newark.
Close-by occupiers include Boots Opticians, Tui, WH Smith, The Works, Bonmarché, amongst many other national and local retailers.
Newark is a traditional market town with a resident population of approximately 36,600, 22 miles north-east of Nottingham and 14 miles south of Lincoln.

0 - 10,000 sq ft

For Further Information Contact

Jack Farrell - Surveyor

Experience I have worked at Musson Liggins since May 2018 having previously worked at Bairstow Eaves in Nottingham. I assist with all aspects of General Practice surveying however the majority of my time is spent dealing with commercial property agency...

Matthew Liggins BSc FRICS

Professional Experience I established Musson Liggins with Stephen Musson in 1987 having identified an opportunity to develop a specialist/niche commercial Property Consultancy which would diversify and acquire more specialisms as it grew. My own specialisms in the Firm include. Freehold..

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