Summary - 13, BALDERTON GATE NG24 1UE
1 bed 1 bath Retail Property (high street)
Compact freehold high-street unit with display frontage and upside from additional storage.
- Small ground-floor retail unit, approximately 191 sq ft (17.7 m²)
- Traditional street-facing shop front with display window
- Previously let at about £525 per calendar month
- Freehold title: simple ownership for investor or occupier
- Possibility of creating additional storage above (subject to consents)
- Currently not liable for business rates
- Requires modernization and basic fit-out works
- Local area records very high crime rates; consider security costs
A compact ground-floor retail unit on Balderton Gate, just off Carter Gate, offering an immediate street-facing presence in one of Newark’s main retail areas. The property has a traditional shop front and a principal sales area with a rear ancillary space and WC — about 191 sq ft (17.7 m²) in total.
The unit is offered freehold and was previously let at approximately £525 pcm, making it appealing to investors seeking a low-entry high-street holding or an independent retailer wanting a small display shop or satellite office. There is scope to create additional storage in the void above, subject to planning and building regulations, which could improve usability and rental potential.
Buyers should note practical considerations: the floor area is modest and the space will require some modernization to reach its full potential. The local area records very high crime levels, which may affect tenant mix, insurance and management requirements. The property is currently not liable for business rates, which may be advantageous for a new occupant.
Overall, this is a straightforward, low-cost freehold opportunity for an investor or small trader who values a city-centre location and is prepared to carry out light works or explore modest upward development subject to consents.
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