Retail Space /NTT /Nottinghamshire County /Newark /9-11 Castle Gate
Retail Space /NTT /Nottinghamshire County /Newark /9-11 Castle Gate

9-11 Castle Gate - Storefront Retail/Office FOR SALE


Newark, NTT NG24 1AZ | 
$230,000 USD
9-11 Castle Gate, Newark, NTT for Sale
$230,000 USD
Storefront Retail/Office - FOR SALE
1/1
null | 9.35% Cap Rate
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9-11 Castle Gate
Newark, NTT NG24 1AZ

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HIGHLIGHTS

  • Fronts on to Castle Gate
  • Grade II Listed building
  • Storage on the second floor

OVERVIEW

Sketchley House - £230,000 NIY - 9.35% Let to Ringrose Law Solicitors on a 10 year lease from January 2022, with a tenant break option at the end of year 5 at a passing rent of £22,000 per annum. The lease is drawn on Internal Repairing and Insuring terms.

FOR SALE DETAILS

PRICE

$230,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

9.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sketchley House

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,244 SF

ZONING

-

APN/PARCEL ID

NT353161,NT370099,NT536490

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James ButcherEddisons Incorporating Banks Long & CoMore Info

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