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Central Buildings 8-10 Middle Gate 11,525 SF Retail Building Newark NG24 1AG £495,000 (£42.95/SF) 9.45% Net Initial Yield

Mixed Use Properties Nottinghamshire Newark 8-10 Middle Gate, Newark, NG24 1AG

INVESTMENT HIGHLIGHTS

  • Pedestrian and delivery access off Castle Gate
  • Painted plaster walls and ceilings throughout.
  • Solid floor overlaid in tiles

EXECUTIVE SUMMARY

Middle Gate - £495,000 NIY - 9.45%

ATTACHMENTS

Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
11,525 SF
Building Class
B
Year Built
1885
Price
£495,000
Price Per SF
£42.95
Net Initial Yield
9.45%
NOI
£46,778
Tenancy
Single
Number of Floors
2
Building FAR
0.82
Lot Size
0.32 AC
Frontage
52 ft on Middle Gate

AMENITIES

  • EPC - D
  • Storage Space
1 of 1

NEARBY MAJOR RETAILERS

Costa Coffee
Starbucks
Morrisons
NatWest Ltd
Anytime Fitness
YMCA
Santander
Lloyds Bank
Iceland
ASDA
+44 1522 544515

CONTACT

  • Listing ID: 30752788

  • Date on Market: 24/01/2024

  • Last Updated:

  • Address: 8-10 Middle Gate, Newark NG24 1AG

The Retail Property at 8-10 Middle Gate, Newark, NG24 1AG is currently available for Sale. Contact Eddisons Incorporating Banks Long & Co for more information.

NEARBY LISTINGS

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Central Buildings | 8-10 Middle Gate
+44 1522 544515 x

Central Buildings | 8-10 Middle Gate

James Butcher

+44 1522 544515

+44 1522 544515

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