Summary - 3 Queens Head Court, NEWARK NG24 1EL
1 bed 1 bath Commercial Property
Chain-free mixed-use property with immediate income and strong repurpose potential.
Freehold mixed-use building: retail plus very large one-bed apartment
Retail unit producing £7,200 pa; three years of existing lease remaining
Apartment fully remodelled 2018; internal insulation and secondary glazing
Lift access to apartment; high ceilings and generous room proportions
Retail unit EPC F; apartment EPC C — energy improvements may be needed
Single mains supplies for electricity and water feed entire building
Located in town centre Market Square; convenience trade but high local crime
No flood risk; area shows high deprivation which may affect rents
A rare town-centre freehold combining an income-producing retail unit and a very large one‑bed apartment. The ground-floor shop is let as a bookshop with three years remaining, providing immediate rental income, while the spacious first-floor apartment was fully remodelled in 2018 and offers good thermal and acoustic upgrades.
The apartment spans approximately 780 sq ft with lift access, high ceilings and generous living spaces — a comfortable long-term let or short‑stay/Airbnb opportunity in the Market Square location. Built-in wardrobes, a tiled wetroom and a well-equipped kitchen add practical value for tenants or short‑stay guests.
Notable commercial factors are clear: the retail unit carries an F energy rating and a modest rateable value, and the building is served by a single mains supply. The area records high local crime and broader deprivation indicators, which will affect lettings, insurance and management. The property is offered chain-free on a freehold basis, giving an owner direct control over future use and refurbishment.
This is most attractive to investors seeking central Newark exposure with immediate income and repurposing potential, or an owner-occupier wanting a mixed-use asset. Be realistic about management needs, local market conditions and the retail EPC when assessing yield and repositioning options.
1 bedroom apartment for sale in Queens Head Court, Newark, NG24 1EL, NG24 — £250,000 • 1 bed • 1 bath • 1592 ft²
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