NG24 28 - 32B Castle Gate, Newark, Nottingham

Rare investment opportunity in the heart of Newark, with a Riverside location

A charming Grade II Listed property comprising two distinct buildings offering a versatile mix of retail, office, residential, and workshop space.

28-30A Castle Gate: A prominent and characterful three-storey frontage building, providing flexible accommodation across ground, first and second floors. Currently used for retail, office, and residential purposes, with potential for alternative uses (subject to planning).

32A-32C Castle Gate: A separate two-storey brick building to the rear, currently operating as a workshop and microbrewery. Independently accessed via a private roadway, which also serves dedicated parking for both elements.

Guide price of £350,000 which reflects a

net initial yield of 9.84% allowing for

standard purchaser's costs

Total rental income of £35,785 per annum

Long-term tenants in situ

Mixed use investment

Re-development opportunity STP

28-32B Castle Gate occupies a prime position in the heart of Newark-on-Trent, an historic and well-connected market town in Nottinghamshire. The property is prominently situated on Castle Gate, one of Newark's principal thoroughfares, benefiting from strong footfall and excellent visibility.