Balderton Gate, Newark, Nottingham

Sold
Offers in the Region of £117,500
Marriotts Property 0

Key Features

  • Retail/Residential investment opportunity, Former
  • Long established trading location
  • Close to town centre
  • Two bedroomed accommodation on two floors
  • Two bedroomed accommodation on two floors

Description

Retail/Residential investment opportunity, Former café premises with living accommodation on two floors above.

LOCATION

Balderton Gate is located off Carter Gate close to the junction with Bridge Street and within walking distance of the Market Square. The property is situated about 100 yards on the left along Balderton
Gate, just opposite the Pratt and Gelsthorpe Peugeot dealership garage, and is clearly identified by our
For Sale board.

DESCRIPTION

The premises comprise a 3 storey building of brick constriction under a pantile roof. The property has for many years been in use as a café/tea rooms but would be equally suitable for other types of retail uses subject to Planning. There are further rooms on the first and second floors which have been used for living accommodation in the past, and although presently accessible only from within the property, they could be separated to provide self-contained living accommodation subject to any necessary Building Regulations requirements.

ACCOMMODATION

GROUND FLOOR

545 sq.ft ( 50.1sq.m.) or thereabouts.

Front café area - approx. 16' x 12' (over basement).

Rear area approx. 11'6 x 9' Door to side exterior, staircase leading to the first floor

Storage/preparation area approx. 13'6 x 5'6

Kitchen - approx. 14' x 12'6 Staircase leading to first floor. Door to exterior

FIRST FLOOR

Front room/bedroom approx. 12' x 9'6 , Stairs to second floor.

Dining/kitchen area approx. 10'8 x 11'2 no units installed.

Rear sitting room approx. 12'6 x 11'.

Bathroom/wc

371 sq.ft. (34.1sq.m.) or thereabouts. (1217'2 sq.ft. ( 111'11 or thereabouts.)

SECOND FLOOR 114 sq.ft. (10.5 sq.m) or therabouts

Bedroom approx 12' x 9'6

PLANNING

The property has for many years been used as a cafe/tea rooms, with living accommodation above. Interested parties are, however, advised to make their own enquires with the local Planning Department regarding any proposed alternative use.

BUSINESS RATES

The ground floor part of the property is currently described in the valuation list as café and premises and has a Rateable Value of £5000.

The first and second floor living accommodation is assessed within Band A for Council Tax purposes.

ENERGY PERFORMANCE CERTIFICATE

An Energy Performance Certificate was issued on the 17th November 2009, and a copy is available on request.

PRICE

OFFER AROUND £117,500

VAT

VAT will not be payable on the purchase price.

VIEWING

By arrangement with Marriotts. Telephone: 0115 911 5454

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