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25 Stodman St

540 SF of Assignment Available in Newark NG24 1AR

Assignment Highlights

  • Prime Retail Location
  • Within the Georgian Market Square of Newark town centre
  • Great transport links

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • Ground
  • 540 SF
  • Aug 2031
  • £46.30 /SF/PA £3.86 /SF/MO £498.33 /m²/PA £41.53 /m²/MO £25,000 /PA £2,083 /MO
  • TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

The current rent passing is £25,000 plus VAT per annum. The landlord will consider an Assignment of the lease or subject to negotiated terms may grant a new lease.

  • Use Class: E
  • Assignment space available from current tenant
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Secure Storage
  • Front display windows
  • High footfall
  • Enclosed rear yard
Space Size Term Rent Service Type
Ground 540 SF Aug 2031 £46.30 /SF/PA £3.86 /SF/MO £498.33 /m²/PA £41.53 /m²/MO £25,000 /PA £2,083 /MO TBD

Ground

Size
540 SF
Term
Aug 2031
Rent
£46.30 /SF/PA £3.86 /SF/MO £498.33 /m²/PA £41.53 /m²/MO £25,000 /PA £2,083 /MO
Service Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

The current rent passing is £25,000 plus VAT per annum. The landlord will consider an Assignment of the lease or subject to negotiated terms may grant a new lease.

  • Use Class: E
  • Assignment space available from current tenant
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Secure Storage
  • Front display windows
  • High footfall
  • Enclosed rear yard

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 25 Stodman St , Newark, NTT NG24 1AR

Property Type Retail
Property Subtype Storefront
Gross Internal Area 2,273 SF
Year Built 1908

About the Property

The property occupies a prime retail location within the Georgian Market Square of Newark town centre. There is substantial catchment (113,000) from the Newark area. Nottingham 20 miles, Lincoln 14 miles. Main East Coast railway trains from Newark Northgate and capable of journey times to London King's Cross in just over 75 minutes. An exciting proposition for an enterprising business development and modern concept based on corporate meetings and wellbeing days, together with important passing trade from the cafe business.

  • Storage Space
  • Listing ID: 31201945

  • Date on Market: 13/03/2024

  • Last Updated:

  • Address: 25 Stodman St, Newark NG24 1AR

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