FHP Sell Substantial Former Maltings at Northgate, Newark


August 5, 2011

Residential Land News

The extensive property is constructed around a central courtyard and comprises a 3 storey Georgian House, a corner cottage and to the rear of the site, 3 storey maltings with stables and garage. In all the property extends to a gross internal area of 11278 ft².

Fronting Northgate there is a former ground floor retail shop with a flat above. There is a lapsed planning consent for conversion of the former maltings to 4 dwellings. The property is Grade II listed.

The property was sold to Oak Tree Homes Limited for close to the asking price of £175,000. The purchaser intends to split the unit up into a number of flats for market lets subject to planning.

For further information please contact Stephen Gillott at FHP on: 0115 841 1133.

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