White Hart, Newark

Leasehold for Sale

Rent: Rental Offers Invited

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Exciting opportunity in the heart of the popular market town of Newark, with significant investment planned

Key Points

  • 3,935 sq ft Gross Internal Area - (366 sq m)
  • Significant investment planned with successful applicant (artists impression shown above)
  • Fantastic central location in market square
  • deceptively spacious trading areas
  • outdoor trading area
  • spacious accommodation over the upper floors
  • GIA - 3,935 sq ft

Location

The pub is located in the corner of Market Place in the delightful market town centre and enjoys significant passing trade. Newark is an attractive Nottinghamshire town that sits close to the Lincolnshire border some 20 miles northeast of Nottingham. Newark has a population of about 27,000 and throughout the year there is a thriving visitor & tourist trade attracted to its historic medieval castle which dates back to 1135 AD, aircraft museum & busy showground which hosts numerous markets & events throughout the Summer months. With its pleasant environment, including the surrounding villages, and its good transport links, the town is becoming a popular commuter town for the expanding city of Nottingham and increasingly for London due to its direct rail link.

Property

The White Hart is a two and three storey property of brick elevations beneath a pitched tiled roof. The property is not currently trading but there are plans for a substantial investment to accompany the new operator and transform the property into the preeminent licensed venue in Newark.

Accessed via either of two entrance halls, the deceptively spacious ground floor areas offer a tremendous opportunity to create an inviting and attractive trading area. The ground floor areas currently comprise a central Bar area with bar servery, brick built feature fireplace, tiled and wooden flooring, beamed ceiling and access to two further trading areas at either end of the property.

The property also benefits from Ladies, Gents and Disabled W.C.s, commercial catering kitchen area with wash up area and freezer and store room and a spacious vaulted basement beer cellar.

The first floor accommodation is split into two separate areas with the main domestic accommodation briefly comprising lounge, domestic kitchen, utility room, three double bedrooms,  boiler and bathroom with stairs up to 2nd floor room. Separately, the 1st floor offers an L-shaped Lounge/Kitchen area with a bedroom off and bathroom.

To the exterior the pub benefits from a paved courtyard to the front, with plans to be developed into an enticing outdoor drinking and dining area, and an enclosed private rear yard.

Utilities

We are advised that all mains services are connected to the property.

Planning

We are advised that the property is not Listed but is located within the Newark Conservation Area. Prospective purchasers are advised to make their own enquiries to Newark & Sherwood District Council.

Tenure

All offers are invited for a new lease agreement. Further details upon enquiry.

Fixtures & Fittings

Fixtures and fittings are to be purchased separately at valuation.

 

Rates & Charges

Business Rates
£8,257.75 per annum (based on a Rateable Value of £16,750)
Council Tax
Available on enquiry

24 Market Place
Newark
Nottinghamshire
NG24 1EG