Unit 9, Stephenson Court, Newark, NG24 2GQ

Location

The town of Newark has a population of approximately 35,000 with a catchment of upwards of 60,000 people.  Situated adjacent to the A1, it is within 20 miles of Nottingham and 15 miles of Lincoln.  Newark is located on the Edinburgh to Kings Cross East Coast Main Line, providing excellent rail links to north and south from Newark Northgate station.  The station is approximately 1/2 a mile to the west and the junction with the A46, A17 and A1 also close by, to the north of the property.

Property

Stephenson Court is situated on the well established Brunel Drive estate.  The offices are finished to a high specification including air conditioning, perimeter trunking and provide disabled access.

Unit 9 comes with 6 car parking spaces, a number well above usual parking ratios.

The layout comprises an entrance lobby, open plan office space, kitchen, and male/female/disabled WC facilities.

Local occupiers include: Moy Park, Sunbelt and Bluebird Care.

Tenure

To let on a full repairing and insuring lease for a term to be agreed.

Rental

£10,000 per annum exclusive.

Services

Mains electricity, water and drainage are available to the property.

VAT

The property is VAT registered, VAT is payable on all costs.

Service Charge

A service charge is payable for the upkeep and maintenance of the common areas of the estate.

Rateable Value

The rateable value is £8,600

Standard Multiplier (2023/24): 51.2p in the £

Small Business Multiplier (2023/24): 49.9p in the £

The property may qualify for Small Business Rate Relief.  See www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief.

Legal Costs 

Each party will be responsible for their own legal costs.

Energy Performance Certificate

The EPC and Recommendation Report are available on request.