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19 Middle Gate
450 SF of Retail Space Available in Newark NG24 1AG
Highlights
- The property stands prominently
- Prime Frontage & Four Way Foot Flow
- Prime Retail/Trading Location
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| Ground | 450 SF | 5 Years | £26.67 /SF/PA £2.22 /SF/MO £287.04 /m²/PA £23.92 /m²/MO £12,000 /PA £1,000 /MO | Internal Repairing And Insuring |
Ground
The property is offered to let on lease for a term of 5 years at a rent of 12,000 per annum exclusive. The tenant is responsible for external and internal repairs and decoration.
- Use Class: E
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Kitchen
- Drop Ceilings
- Secure Storage
- Energy Performance Rating - E
- Private Restrooms
- Useful First Floor Accommodation
- Large Display Front Window
- Prime Frontage & Four Way Foot Flow
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing agent for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 19 Middle Gate , Newark, NTT NG24 1AG
| Property Type | Retail | Gross Internal Area | 867 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1970 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 867 SF |
| Year Built | 1970 |
About the Property
A Town Centre shop premises to let with existing Class E planning as a shop, financial services, professional services, hairdressers/beauty, food and drink on the premises other than the sale of hot food. The property has a 22ft frontage to Middle Gate, a prime retail trading area with four way foot traffic via Chain Lane, Boar Lane and Middle Gate. This situation forms an important link between the Market Place and Stodman Street where many of the multiples are represented, and the Paxton's Court shopping area with the Morrisons supermarket and parking. A Town Centre shop premises to let with existing Class E planning as a shop, financial services, professional services, hairdressers/beauty, food and drink on the premises other than the sale of hot food. The property has a 22ft frontage to Middle Gate, a prime retail trading area with four way foot traffic via Chain Lane, Boar Lane and Middle Gate. This situation forms an important link between the Market Place and Stodman Street where many of the multiples are represented, and the Paxton's Court shopping area with the Morrisons supermarket and parking. The property stands prominently and would suit ideally niche trades including fashion boutique, retail, jewellers, computer, telephone sales, sweets and chocolates, bread and cakes. The property has a street frontage entrance and a secure separate side entrance. Newark has a growth point designation and the current economy is thriving. New house building is taking place in the Middlebeck and Fernwood areas. Trading in the town as a result is bucking the national trend. As a shopping centre Newark is an increasingly popular place to visit. The town has a population of approximately 35,000 and an important catchment area of a further 115,000. There is a broad base of commerce and industry in the town. The business parks are well occupied and there is a very good level of employment and affluence locally.
- Security System
- Storage Space
Nearby Major Retailers
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Richard Watkinson -
Richard Watkinson & Partners
Presented by
19 Middle Gate
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