Summary - DARWIN DRIVE, NEWARK, NEW OLLERTON NG22 9GW
1 bed 1 bath Commercial Property
**Standout Features:**
- Modern two-story warehouse and office unit
- Detached structure with high-quality interior finishes
- Expansive 0.75-acre secure site
- Approximately 7,790 sq ft of combined space
- Current passing rent: £40,000 per annum
- Strong covenant tenant with lease commencing in March 2024 (5 years remaining)
**Potential Concerns:**
- Limited mortgage options due to short lease duration
- EPC rating of 65 (Band C) may need addressing
Rufford House presents an exceptional investment opportunity with its modern warehouse and office suite situated in the desirable Sherwood Energy Village. Spanning 7,790 sq ft and set on a generous 0.75-acre secure site, this versatile property is designed to accommodate various business needs. The vibrant steel portal-framed structure features efficient office amenities, including underfloor heating and passenger lifts, and boasts a spacious warehouse with a 5.4-meter ceiling, allowing for optimal storage and operations.
Located conveniently off the A614, Rufford House benefits from easy access to the A1 and M1 motorways, while offering a professional image with its attractive timber-clad facade. This property not only holds the potential for a strong rental yield (net initial yield of 6.63%) but also provides prospects for future renovations or extensions, should the need arise. However, potential buyers should be aware of the current lease length, which could affect financing options. Don’t miss the chance to secure this prime commercial space, ideal for businesses looking to thrive in a strategic location.
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