Land For Sale £450,000
Mill Gate, Newark NG24

A residential development site with change of use planning permission from general industrial to residential incorporating a conversion of the existing building to 5 residential units and the erection of 4 new terraced dwellings. The total usable proposed space as planned is 738 sq.m and the site extends to 0.4 acre or thereabouts.

The site is situated within the town centre conservation area. Mill Gate is a fashionable and much sought after location, with a variety of interesting architecture dating back from the Georgian times to the modern era.

This convenient location is within a few minutes walking distance of the Georgian market square, a variety of restaurants and pubs, trendy boutiques and supermarkets. Riverside areas and the 12th Century castle grounds are just a short walk across Newark Lock. The town centre has a wealth of history and architecture.

Communications in this area are excellent as Newark lies on the junction of the A1, A46 and A17 trunk roads. The town is on the main East Coast railway line with regular services to London Kings Cross and the north. The Castle Gate Railway station has good services to Lincoln and Nottingham. Newark is a sizeable market town with a residential population of approx. 30,000 and with a catchment area population of approx 115,000. The town centre lies only 350m to the north east.

Town & Country Planning

Full planning permission is granted under Newark & Sherwood District Council reference 20/00317/ful for change of use of site from B2 (general industrial) to residential (3) conversion of buildings to 5 residential units involving reconstruction works, alterations and some demolition works; demolish outbuildings; alterations to front wall to improve access; erection of 4 new terraced dwellings and associated infrastructure and ground works.

The conditional planning permission is dated 20th May 2020 and the development shall not begin later than 3 years from the date of the permission.

Documents and plans can be inspected on Newark & Sherwood District Council planning website

Or with Richard Watkinson & Partners.

Summary Of Wall Space

Plot 1

Type - Conversion/Alteration
No. Of Bedrooms - 3
Type - 2 Storey town house with yard
Floorspace - 102.60 sq.m

Plot 2

Type - Conversion/Alteration
No. Of Bedrooms - 2
Type - Ground floor apartment with yard
Floorspace - 64.21 sq.m

Plot 3

Type - Conversion/Alteration
No. Of Bedrooms - 2
Type - Ground floor apartment with yard
Floorspace - 66.17 sq.m

Plot 4

Type - Conversion/Alteration
No. Of Bedrooms - 2
Type - First & second floor apartment
Floorspace - 94.03 sq.m

Plot 5

Type - Conversion/Alteration
No. Of Bedrooms - 2
Type - First & second floor apartment
Floorspace - 95.43 sq.m

Plot 6

Type - New build
No. Of Bedrooms - 2
Type - 2 Storey town house with yard
Floorspace - 70.40 sq.m

Plot 7

Type - New build
No. Of Bedrooms - 2
Type - 2 Storey town house with yard
Floorspace - 70.40 sq.m

Plot 8

Type - New build
No. Of Bedrooms - 2
Type - 2 Storey town house with yard
Floorspace - 70.40 sq.m

Plot 9

Type - New build
No. Of Bedrooms - 2
Type - 2 Storey town house with garden
Floorspace - 70.40 sq.m

Services

Mains water, electricity, gas and drainage are understood to be available and purchasers should make their own enquiries regarding the technicalities.

Tenure

The property is freehold.

Possession

Vacant possession will be given on completion.

Community Infrastructure Levi

The cil is assessed at £24,600.

Site Plan

The site plan is attached to these particulars.

Contact

Contact Richard Watkinson direct line or email for any further information.