Last Updated: 05th Oct 2024
The property comprises a purpose-built mid-terrace retail unit, located on a busy neighbourhood retail park, within close proximity to a number of regional and local retailers, including Asda, Subway and Barnardos.
The unit benefits from a shell specification with the current fixtures easily removeable, prominent retail frontage, rear access and direct car parking in front.
The unit is situated adjacent to the town's Asda Superstore and bus station, in a prominent central location on the corner of Lombard Street and Portland Street.
The town's established prime retail pitch is located a short walk to the north and nearby retailers within the St Mark's retail scheme directly opposite the site include New Look, Wilkos, Costa and Clarks Shoes.
In addition to the new Travelodge Hotel and Asda Superstore, other tenants within the scheme include Subway, Lloyds Pharmacy, Barnardos and Your Home, and the main town centre doctors' surgery - The Lombard Medical Centre.
Newark is an expanding prosperous market town with a population of circa 35,000 and a large affluent catchment within 20kms of 160,000. The town is strategically located at the junction of the A1, A46 and A17 and has excellent direct rail links into Kings Cross - travel time 1 hour 20 minutes. The town enjoys above average retail space from within its catchment. (Source CACi Report 2013).
A service charge will be levied to cover the upkeep, maintenance and repair of all common parts of the development.
Mid-terrace retail/leisure unit
Prominent central location within prime retail pitch
A service charge will be levied to cover the upkeep, maintenance and repair of all common parts of the development.
