The Maltings 3 biens | Local commercial | À vendre | 14 521 634 € | Newark

Strategically positioned in Newark-on-Trent’s leading out-of-town retail cluster, this newly developed retail warehouse park offers a compelling investment opportunity with secure income and long-term growth potential. Completed in 2023, the scheme comprises six modern units totalling over 50,000 sq ft, designed to blend seamlessly with the town’s historic architecture. The site features red brick façades, articulated gables, and high-spec finishes that reflect the character of adjacent heritage buildings.
The property is fully let to a diverse mix of nationally recognised tenants across food, beverage, home improvement, apparel, and EV charging sectors. With a WAULT of 7.53 years to expiry and a low average rent of £17.39 per sq ft, the asset presents clear reversionary upside. The site includes 227 parking spaces, 14 EV charging points, and a dedicated service yard, supporting both customer convenience and operational efficiency.
Located on North Gate (B6166), the park benefits from direct access to the A46 and A1(M), placing it within easy reach of Nottingham, Lincoln, and Leicester. The surrounding area includes complementary retail destinations and a strong residential base, with nearly 600,000 residents within a 30-minute drive. The town’s affluent demographics, high home ownership, and strong household spending further support retail demand.
This freehold asset is offered at £12,750,000, reflecting a net initial yield of 6.65%. With EPC ratings of A or B and planning consent for food, non-food, and bulky goods, the property aligns with ESG-focused investment strategies and offers long-term resilience in a growth-focused location.