Leisure/hospitality to let in Bingo Hall, 69 Castle Gate, Newark NG24

From £84,000 pa (£6.00/sq. ft. pa)
Interested in this property? Call +44 1664 518993 * or Request Details

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Leisure/hospitality to let

14,000 sq. ft*

Property description

Key Points

  • Available at Circa £5 psf = £70,000 per annum
  • Available June/July 2024
  • Newark Town centre Location
  • Plus Service Charge and Insurance
  • Within an establish Leisure Hub
  • Description

    The Castlegate Centre occupies a prominent corner position at the busy junction of Castlegate and Lombard Street in the heart of the town centre. Castlegate forms part of Newark's established restaurant, café and bar circuit and is home to many good quality regional and national operators. It is close to the new Asda and bus station development which has created a new and vibrant hub of activity in the area.

    Location

    The historic market town of Newark, with a catchment of over 150,000, is located approximately 16 miles southwest of Lincoln, 17 miles north east of Nottingham and 13 miles north west of Grantham. The town is located at the junction of the A1, A46 and A17 and is situated on the East Coast Main Line railway. It is well known for its market, which is surrounded by attractive Georgian buildings. This, coupled with its Castle and strong reputation for antiques and antiquities, ensures it is popular with both residents and visitors.

    Viewings

    Strictly by prior appointment via the sole agents P & F Commercial Tel: Or via email

    Terms

    Offered for let on new lease terms - 10 + years expected on fully repairing and insuring terms.
    Initial passing rent £70,000 per annum plus VAT.
    Service charge for this current year is £16,500 per annum.
    Building insurance re-charged at cost.

    Availability_Text

    The accommodation comprises the following areas:

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

    Arrange Viewing

    For more information about this property, please contact
    P & F Commercial, LE15 on +44 1664 518993 * (local rate)

    Contact P & F Commercial about this property

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by P & F Commercial, and do not constitute property particulars. Please contact P & F Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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