Castle Gate Investment 2 Retail Properties Offered at £725,000 in Newark
INVESTMENT HIGHLIGHTS
- Mixed use retail and office investment
- Painted plaster walls and a suspended acoustic tiled ceiling
- Storage on the second floor
EXECUTIVE SUMMARY
For Sketchley House - £230,000 Net Initial Yield - 9.35%
For Middle Gate - £495,000 Net Initial Yield - 9.45%
£725,000 for the whole.
For Middle Gate - £495,000 Net Initial Yield - 9.45%
£725,000 for the whole.
PROPERTY FACTS
| Price | £725,000 |
| Price / SF | £51.36 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 14,115 SF |
| Tenure | Freehold |
| Total Land Area | 0.65 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Central Buildings
8-10 Middle Gate, Newark NG24 1AG |
Retail | 11,525 SF | 1885 | £495,000 |
|
Sketchley House
9-11 Castle Gate, Newark NG24 1AZ |
Retail | 2,590 SF | 1890 | £230,000 |
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