Next auction Thursday 17th October 2.30PM

57-59 Castle Gate, Newark, Nottinghamshire, NG24 1BE



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Guide price

£195,000 +


Property Type

Mixed Use


Key Features

  • Attractive Grade II listed building
  • Ground floor Restaurant with Kitchen - 771 sq ft
  • First floor dining area (planning for residential conversion) - 783 sq ft
  • Off street parking for 3 vehicles

Part of the 20 July 2017 auction
The Centenary Suite at 2.30PM

An opportunity to acquire licensed premises in attractive Grade II listed building with approved planning for residential conversion of the first floor.

  • * Attractive Grade II listed building * Popular town centre location close to the Castle and Riverside * Ground floor Restaurant with Kitchen - 771 sq ft * First floor dining area (planning for residential conversion) - 783 sq ft * Off street parking for 3 vehicles * Outside seating area to the rear * Commercial element is licensed

Contact Auction Estates on 0115 7844 600

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Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.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 vacant possession

Email: chris.dobbs@chattertons.com
Telephone: 01636 675 561

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