Summary - FLAT, DOMINO'S PIZZA, FOREST ROAD, NEWARK, NEW OLLERTON NG22 9PL
1 bed 1 bath Commercial Property
Auction opportunity for investor or owner-occupier seeking refurbishment potential.
Freehold mixed-use unit with ground-floor commercial space and one-bedroom apartment above
For sale by traditional auction: a freehold mixed-use unit on Forest Road, New Ollerton, offered with a guide price of £60,000. The property comprises a ground-floor commercial space with electric shutter doors and a one-bedroom apartment above accessed via the downstairs unit. The overall footprint (c.929 sq ft) and town-centre location suit small retail, takeaway or office use with added residential income potential.
The building requires renovation and finishing throughout. Internally rooms are compact and some areas have low ceilings or unfinished surfaces; the apartment is described as still to be finished. There is no private garden and outlooks are limited to an enclosed paved courtyard, which restricts amenity but can reduce external maintenance costs.
This lot will be sold at auction and buyers should allow for a contract documentation fee of £1,500 (inclusive of VAT) plus any additional completion fees set by the seller. Prospective buyers are advised to view the legal pack, inspect the property in daylight, and budget for refurbishment works and any planning or building‑regulation costs for conversion or reconfiguration.
Located in a well-served village with supermarkets, schools and good road links to the A1 and nearby towns, the property suits investors seeking a low‑entry commercial/residential unit or an owner-occupier willing to complete refurbishment to unlock rental or resale value.
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