Description
Land and Buildings FOR SALE VIA AUCTION
Industrial/Warehouse - Newark
FOR SALE BY MODERN METHOD OF AUCTION
Start Bid: £64,950 (subject to reserve)
- Freehold (NT391129) For Sale via Auction
- Modern Method Of Auction – T & C’s Apply
- Buyers Fees apply and Reservation Fee Payable
- Workshop/warehousing with trade counter
- Parking and yard area
- Popular employment area off Bowbridge Road
- Secure barrier access to the estate
- EPC – TBC
- BLOCK VIEWINGS ONLY
- Auction End date 8th August 2025 at 12pm
The Property comprises a industrial/warehouse premises situated in a good accessible location with trade-counter and yard area/off road parking directly adjacent.
The unit benefits from a trade-counter area/office, storage rooms, WC and two main workshops with vehicular access doors under a lean-to style roof. The accommodation offers versatile accommodation suitable for a variety of different uses.
NOTE – BLOCK VIEWINGS WILL TAKE PLACE ON THE FOLLOWING DATES:
25th July 2025 @ 9am – 10:30am
1st August 2025 @ 9am – 10:30am
6th August 2025 @ 9am – 10:30am
The auction will end on the 8th August 2025 at 12pm.
LOCATION
The property is situated on established cul-de-sac industrial estate off Bowbridge Road, which is ideally positioned with easy access to both Newark Town Centre and the A1/wider road network.
Newark-on-Trent is a market town in the Newark and Sherwood district in Nottinghamshire. It sits on the River Trent, and with the A1 road bypassing the town.
ACCOMMODATION
The property comprises a trade-counter/sales area, two workshop areas with separate vehicular entrances and stores. The accommodation extends to 2,403 sq ft (223.2 sq m) on a GIA basis.
THE SITE
The site is accessed via a barrier that is operated on a first in/last out basis; we are not aware of any service charge provisions being in place for any communal areas.
SERVICES
Mains electric (inc 3 Phase), drainage and water are connected to the Property.
RATEABLE VALUE
The buyer will be responsible for the business rates.
EPC
We are waiting confirmation.
TENURE
The freehold interest is for sale via the Modern Method of Auction.
VAT
We understand that VAT is not applicable.
VIEWING INFORMATION
Block Viewings will take place on:
25th July 2025 @ 9am – 10:30am
1st August 2025 @ 9am – 10:30am
6th August 2025 @ 9am – 10:30am
All viewers are required to formally register with the agents prior to the viewing.
TIMELINE
Note, the end date may change subject to the auction pack being made
available.
ACTIONEERS COMMENTS
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the “Reservation Period”). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Summary of Costs incurred to a buyer
Auction Pack Costs + Reservation Fee + Purchase Price
Property Features
- Industrial/Warehouse
- Floor Area is 2,403 sqft
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