Freehold three storey office investment property
23-25 Lombard Street, Newark, Nottinghamshire NG24 1XG
£195,000 19 June 2025
GUIDE PRICE AUCTION DATE
Freehold three-storey office investment property Situated in the heart of Newark town centre Located in a prominent position on Lombard Street A short walk to a variety of amenities: shops, restaurants & pubs Close to Asda Supermarket, Travel Lodge & Bus station A 2-minute walk to Newark's Royal Market Place Near Newark North Gate Station, 1hr 13 mins train to London Less than 1 mile from Farndon Roundabout leading to the A46 20-minute drive to Lincoln & 35 minutes to Nottingham GF: Sales area, office & staff toilets (802 sq ft) Benefits from fully glazed frontage FF: Office & storage (414 sq ft) SF: 6 apartments which have been sold off on Long Leasehold Service charge payable of £2,916 pa Let on a 10 year IRI lease to Let It Ltd t/a Whitegates dated 23.11.23 Whitegates have been in situ for over 20 years Current Rent Reserved of £25,000 pa An ideal investment opportunity
23 Lombard St, Newark-on-Trent, NG24 1XG
Guide Price
£195,000
Auction Date
19 Jun 2025
Auctioneer
Auction Estates
Auction Estates
Auction Estates Limited Archibald House Cavendish Road Carlton Nottingham NG4 3DZ
Tel. 01157 844 600
About Auction Estates

Auction Estates is a dedicated Property Auction House specialising in the sale of all types of residential housing, commercial property, land and specialist property investments. Established by Paul Giles, a former head of Savills Regional Auction Team and leading property agent with an indisputable track record for selling high volumes of property across the UK on behalf of corporate bodies, charitable and public organisations, LPA Receivers as well as solicitors and private individuals. Whilst at Savills he headed a team selling approximately £25m worth of assets every year and is well versed in working in a fast paced environment selling a wide range of properties with lot sizes ranging from as low as £1,000 up to single lots of £5m. If you're thinking of selling your property and would like a free, no obligation opinion on its suitability for auction and what it could achieve, then please do get in touch.