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23 St Marks Place 23 St Marks Place, Newark-on-Trent, NG24 1XP

£ 61,600 pa
23 St Marks Place Shopping Centre, Newark-on-Trent - Picture
Use Class

Use Class

E

Rent pa

Rent pa

£61,600

Prominent and well fitted shop available in corner position in St Mark's Place Shopping Centre adjacent to Poundland and opposite Clarks, Claire's and Clintons. Other nearby retailers include Wilko, New Look, Millets, Costa, Game and Card Factory.

Newark-on-Trent is a thriving market town in the centre of the UK some 19 miles south of Lincoln and 20 miles north east of Nottingham, being easily accessible via the A1.

Accommodation

The premises are arranged on basement and ground floor.

Areas
Sq.Ft
Sq.M
Ground Floor Sales
3,175
294
Basement Ancillary
1,456
135

Financial

Lease Type

Existing Lease

Lease Term

The premises are held by way of an effectively full repairing and insuring lease for a term to expire in June 2021, without further review at a current passing rental of £61,600 p.a. excl. Offers are invited for the benefit of our client's leasehold interest. [NB: Alternatively a new lease may be available from the landlord whilst short term / temporary lettings will also be considered. Further information is available upon request.]

Rent

Subject to contract, rental offers are invited in the region of £61600 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Rates payable may be subject to transitional relief and interested parties are advised to make their own enquiries to the Business Rates Department of Newark & Sherwood District Council – Tel: 01636 650 000

Tenure

Leasehold

Rates

Rateable Year:
2019
Rateable Value:
£53,500.00

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 14/07/2020