21 Market Place, Newark on Trent, Nottinghamshire, NG24 1EA
£150,000+
Mixed Use
Key Features
- An opportunity to acquire a four storey retail property in the heart of Newark town centre
- Scope for conversion of the upper floors to residential
- Offered For Sale Freehold with full vacant possession
Part of the
16 October 2025
auction
Trent Bridge Cricket Ground
at
2.30PM
An opportunity to acquire a four storey retail property in the heart of Newark's historic Royal Market Square offering scope for conversion of the upper floors to residential apartments (subject to planning)
- Between Starbucks & Ladbrokes in the Market Square
- Close to Boots, WHSmith's, Greggs & HSBC Bank
- Ground Floor retail unit of 46 sq m (495 sq ft)
- GF: access to extensive cellars (not inspected)
- Separate doorway access from the rear
- Rear staircase providing access to the upper floors
- First floor accommodation 41.15 sq m (443 sq ft)
- Second floor accommodation 44.5 sq m (479 sq ft)
- Third floor accommodation 47,45 sq m (511 sq ft)
- Total floor area 179.12 sq m (1,928 sq ft)
- Scope for conversion of upper floors to resi (stp)
- ERV when fully converted/let of circa £35,000 pa
- Close to Morrisons/Asda; walking distance from train station
- Rear access off Church Walk (adj St Mary's Church)
Contact Auction Estates on (0115) 7844600
Fees
A buyer's premium of £1,800 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.
Offered For Sale Freehold with vacant possession
Refer to Legal Pack
Email: kcourtney-may@hopkins-solicitors.co.uk
Telephone: 01623 468468