Walker Close, Newark

SUMMARY
Potential redevelopment site extending to 0.76 hectares half a mile south east of Newark town centre close to the B6325 London Road, in a predominantly residential area. Approximately 1,924 square meters (20,710 sq. ft) gross internal area.

DESCRIPTION
Potential redevelopment site extending to 0.76 hectares half a mile south east of Newark town centre close to the B6325 London Road, in a predominantly residential area.

The property is a two-storey residential care home divided into 5 units over two floors, extending to approximately 1,924 square meters (20,710 sq. ft) gross internal area. The property offers an opportunity to create an attractive new build development in a well regarded location.

Location 
The site is located in a prime residential location, close to Newark town centre with road frontage to
London Road. Newark is a superb location, with excellent communication links, being on the East Coast main train line to London Kings Cross and sits alongside the A1.

Planning 
In 2018 a Change of use from an Elderly Persons Home to an Adult Day Centre (Use Class C2 to D1) was approved so the site now falls within The ‘Learning and non-residential institutions’ use class (F1).
The principal of residential development is established through its previous and current use and initial indications from Newark Planners is the site is suitable for demolition of the existing building and re-development.

Services 
Prospective buyers should satisfy themselves as to the location of utilities.

Wayleaves, Easements  
The land is sold subject to, and with the benefit of, all existing obligations and rights, including rights
of way, whether public or private, light, support, drainage, water, electricity supplies and other obligations, easements, quasi-easements and all wayleaves, whether referred to or not in these Particulars.

Terms 
The Vendors preference is to promote the site for redevelopment in respect of the previous planning classification (C2) to provide a retirement living product but would consider alternative residential options where these are viable.

Method Of Sale 
The site is to be sold by Informal Tender with the closing date for offers being 12 noon on Thursday 30th November 2023. Details of how to register an offer are available from the selling agents.

Extra Information 
A drop box link has been prepared that provides further information relating to the site.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.