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NEXT AUCTION - THURSDAY 24TH FEBRUARY 2.30PM - Click here to view

Lot - Upper floors of Ye Olde White Hart, Market Place, Newark, NG24 1EG Auction Lot £125,000+ - Auction Estates

Next Auction

The Nottingham Racecourse


24 February 2022

Market Place, Newark, NG24 1EG

Guide Price: £125,000+


Key Features

  • A rare opportunity to acquire part of an iconic building in Newark
  • Located in Newark's Royal Market Place
  • Approximately 2,739 sq ft of office space
  • Potential for a range of alternative uses (subject to planning and consents)
Draft Details Only

A rare opportunity to acquire part of an iconic 14th Century timber framed Grade II* Listed building within Newark's Royal Market Place, situated between Boots and WH Smith in the heart of the town centre.

• Self-contained former office accommodation over three floors
• Access via White Hart Yard to main entrance and main staircase
• Ground floor lobby, stairs, kitchen and stores (572 sq ft)
• First floor - main open plan office room (907 sq ft)
• First floor - second office room with pitched ceiling (353 sq ft)
• Second floor - main open plan office room (908 sq ft)
• Total floor area approximately 2,740 sq ft
• Exposed timber frame, ornate plasterwork & period features
• Last occupied by Nottingham Building Society as offices
• Views overlooking Newark's Royal Market Place
• May suit a range of alternative uses (retail, studio, etc - STP)
• The sale does not include the ground floor shop

VAT

Interested parties should refer to the Special Conditions of Sale for confirmation of whether VAT is applicable to the sale price.

Viewings

Please contact Auction Estates on 0115 7844 600

Important Notices

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased.

The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold with full vacant possession

This property is being sold by the Directors of this company.

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