Property Description

A substantial mixed use property with commercial unit, outbuildings and 5 bedrooms with scope to convert into an HMO subject to planning. Offered with vacant possession upon completion. The property comprises to the ground floor a retail unit formerly trading as a bike shop with a large glass frontage extending approximately 415 sq. ft. To the front of the unit is a forecourt with space for vehicles. We are informed by the seller that the street situated to the right hand side of the property is a private road providing further parking. The road is partly owned by 16a Appleton Gate and partly owned by the Palace Theatre. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding. The rest of the residential accommodation can be accessed from a separate doorway on Appleton gate and is laid out as a traditional residential property. You can access the commercial unit from within the dwelling. The ground floor accommodation comprises (all figures approximate) Entrance Hall Kitchen 10.11ft x 11.15 ft Lounge 15.63 ft x 12.09 ft Storage Workshop to the rear of the commercial unit 11.92 x 11.28 Commercial unit 415 sq ft The first floor accommodation comprises (all figures approximate) Landing Bedroom One 11.95 x 13.67 Storage 3.95 x 9.11 Bedroom Two 12.58 x 12.80 Bedroom Three 10.13 x 10.54 Bedroom Four 11.45 x 11.82 Bedroom Five 14.04 x 13.08 Externally Large garden Workshop extending 540 sq ft (or thereabouts) Garage extending 300 sq ft (or thereabouts) We feel the property would be suitable for an HMO and there is scope to create a separate block to the rear utilising the extensive garage space at the rear. This is subject to planning permission. There are excellent facilities in Newark including a Waitrose store, Asda, Morrisons, Marks and Spencer food hall and most of the multiples represented together with many interesting shops and boutiques. Newark on Trent is an ideal location for commuting to Nottingham, Lincoln and Grantham. There are regular train services from Newark Castle station to Nottingham and Lincoln. Fast East Coast railway trains are available from Newark Northgate station to London Kings Cross with a journey time of just over 75 minutes.

Conservation Area:

Newark.

Flood Risk

Rivers and Seas No Risk. Surface Water Low.

Mobile Phone Coverage

O2, EE, Three and Vodafone are available.

Broadband (estimated speeds)

Standard 13 mbps. Superfast 80 mbps.

Satellite and Cable TV Availability

BT and Sky are available.

Tenure

Freehold

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