Auction Property Commercial 

Castle Gate, Newark

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Features

  • Available subject to auction terms and conditions
  • Grade II listed building
  • Public House
  • Owner accommodation to upper floors
  • Prominent position close to Waitrose
  • Sold with vacant possession
  • Busy town centre location
  • Approx. 229 m2 / 2,465 ft2
  • Suitable for other uses (STP)
  • Freehold

Address

5 Castle GateNewarkNottinghamshireNG24 1AZ
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Property Details

•Available subject to auction terms and conditions
•Guide Price: £120,000+
•Grade II listed public house
•Sought after town centre location
•Sold with vacant possession
•Freehold

•Available subject to auction terms and conditions
•Guide Price: £120,000+
•Grade II listed public house
•Sought after town centre location
•Sold with vacant possession
•Freehold

The property is a grade II listed public house with private owner accommodation to the first and second floors. The premises occupies a prominent town centre position, close to the traditional Market Place and Newark’s main railway station.

The accommodation extends over three floors, providing a total floor area of approximately 2,465 ft2. The property previously traded as a public house formally known as ‘The Castle’ and will be sold with vacant possession. Subject to the necessary planning consents being obtained, we consider the property suitable for a variety of different uses.

The property comprises a traditional wood panelled trading area to the ground floor with WC’s, and private accommodation above.

Floor Area

Approx. 229 m2 / 2,465 ft2
(Measurement taken from the EPC)

Business Rates

‘The Castle’ and ‘The Mayze’ are recorded as having a combined rateable value of £15,250.

Services

We understand the property has mains electricity, water, and drainage. However, interested parties should carry out their own investigations.

VAT

TBC

Tenure

Freehold

Guide Price

£120,000+

Buyer's Premium

2% (min. £3,600) inc. VAT.

Viewings

Please contact a member of John Pye Property on 0115 970 6060 or email [email protected] to arrange an appointment.

Floorplans

Virtual Tours

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