Summary - 36A KIRK GATE NEWARK NG24 1AB
1 bed 1 bath Commercial Property
Central Newark retail and residential conversion opportunity with planning consent..
Grade II listed mid‑18th century town property with retail frontage
A Grade II listed, mid‑18th century town property in central Newark offering immediate vacant possession and clear development upside. The building combines a prominent ground‑floor retail frontage with self‑contained accommodation above; full planning permission and listed building consent have been granted for conversion to a one‑bed ground flat and HMO rooms to the upper floors.
This is a hands‑on opportunity for an investor or developer comfortable with working on historic fabric. The double‑fronted shop, basement storage and enclosed Yorkstone yard provide practical town‑centre assets, while the planning consents reduce upfront planning risk. The property is Freehold and centrally located near high footfall, transport links and local amenities.
Buyers should factor in the constraints of Grade II listing, conservation area designation and conditional planning consents — works will require specialist contractors and compliance with listed‑building conditions. The property shows typical period construction (solid brick walls, likely no insulation) and has an EPC rating of E. There is no obvious off‑street parking, the plot is small, and the immediate area records high crime and local deprivation statistics, which may affect lettings or management costs.
At the asking price this presents a central town investment with conversion potential and rental flexibility. Suitable purchasers are those seeking a city‑centre mixed use income or a refurbishment project where heritage compliance, repair and fit‑out are already anticipated.
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