Estate agents Savills to sell Newark town centre warehouse at a price of £1.5m

Savills, on behalf of a private client, has brought to market a development opportunity at 10 Victoria Street, Newark.

The freehold is available to purchase at a guide price of £1.5m.

The property comprises an Art Deco/Victorian former warehouse building arranged over ground, first and second floors totalling 30,000sq ft (2,787sqm).

Currently providing open plan storage space, offices and loft-style residential accommodation, the site is suitable for a variety of uses, subject to planning permission.

Victor Ktori, head of office at Savills Nottingham, said: “This is an excellent opportunity to acquire an attractive period property in the centre of Newark, which has considerable redevelopment potential subject to consent.

“Due to the building’s strong credentials we expect to receive significant interest from prospective purchasers.”

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