Summary - TRAVELCARE, KIRK GATE NG24 1AD
1 bed 1 bath Commercial Property
**Standout Features:**
- Freehold property in Newark town center
- Mixed-use retail/office accommodation (NIA approx. 1,555 sqft)
- Grade II listed with unique Victorian and Georgian architecture
- Allocated off-street parking spaces
- Established Class E planning permission for retail and office use
- Currently vacated with immediate possession available
- Located in a bustling area near shops and amenities
**Potential Concerns:**
- 2 years remaining on lease may complicate mortgage financing
- High crime rate in the vicinity
- Property requires renovation
- Slow broadband speeds
Nestled in Newark's vibrant town center, this striking Grade II listed freehold commercial property offers an impressive 1,555 square feet of mixed-use space, ideal for retail or office use. Boasting classic Victorian and Georgian architectural design, it features a prominent double-fronted façade and retains its historical charm. With immediate possession available and three dedicated off-street parking spaces, this property presents a prime opportunity for businesses and investors alike.
However, potential buyers should note the current two-year lease term could complicate mortgage options, and while the property has great potential, it does require renovation work. The surrounding area offers a lively urban environment with shopping and dining options, perfect for attracting foot traffic. This is an exceptional opportunity in a growing area identified for development—act quickly to capitalize on this rare find.
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