2-3 Queens Head Ct 1,592 SF 100% Leased Retail Building Newark NG24 1EL $432,986 CAD ($271.98 CAD/SF)

The retail unit is currently let with 3 years remaining on the lease producing an income of £27,000
Queens Head Court presents an opportunity to acquire a mixed-use property in the heart of Newark-on-Trent, just off Newark Market Square. The asset combines an income-producing retail unit with a separately accessed first-floor apartment, offering a blend of commercial and residential accommodation within the town centre.
The ground-floor retail premises are currently occupied as a bookshop and benefit from approximately three years remaining on the existing lease. Supporting accommodation includes staff facilities, storage, and an additional office area. The apartment has its own independent entrance and lift access from the ground floor, creating separation between the commercial and residential elements.
The first-floor apartment was fully remodeled in 2018 and includes a double bedroom with built-in wardrobes, a tiled wet room, utility area, living room, and a spacious kitchen with integrated appliances. Internal wall insulation and secondary glazing were installed as part of the refurbishment to improve thermal and acoustic performance.
Located moments from Newark Market Square, the property benefits from immediate access to the town centre's shops, restaurants, services, and public amenities. The combination of an established retail tenancy and a renovated residential unit offers flexibility for investors or owner-occupiers seeking a centrally located mixed-use asset.