Commercial Property - Commercial Property
21 & 21A Castlegate and 2, 4, 6 & 12 Boar Lane
Newark, Nottinghamshire, NG24 1AJ
Unsold, please refer to Auctioneer
A Substantial Grade II Listed Corner Building Comprising of Five Commercial Units Fully Let Producing £50,500 Per Annum. Potential for Re-Development of the Vacant Upper Parts (Subject to Obtaining all Relevant Consents)
Current rent Reserved £50,500 Per Annum
|Property||Floor||Accommodation||Lessee||Lease Terms||Current Annual Rent|
|21 Castlegate & 2 Boar Lane||Ground||2 Retail Units||Bodrum Kebab House||10 year FRI Lease from 1st September 2020||£16,000|
|21a Castlegate||Ground||Retail Unit||Dragon City||20 year FRI Lease from 28th November 2003||£17,500|
|4-6 Boar Lane||Ground (Double-fronted Unit)||Retail Unit||Beau & Brooke||5 year FRI Lease from 1st November 2019||£10,000|
|12 Boar Lane||Ground||Retail Unit||KD Living Ltd||5 year FRI Lease from 1st February 2020||£7,000|
|Upper Parts of 21 & 21a Castlegate||First & Second||8 Ancillary Rooms||N/A||N/A||N/A|
Additional Fees and Disclaimer
Administration charge: £1,200 including VAT unless otherwise stated in the addendum.
Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.
Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.
Enquire about 21 & 21A Castlegate and 2, 4, 6 & 12 Boar Lane, Newark, Nottinghamshire, NG24 1AJ
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