Description
Residential Auction Details
Property Information
- Property: Development / conversion opportunity on Millgate in Newark-On-Trent Nottinghamshire
- Type: Residential Auction Development property
- Date: Available for sale under Auction terms and conditions
- Status: Vacant
- Tenure: Freehold
- Building: Part Grade II Listed Former Care Home and further Detached Building
- Location: Millbank Care Centre, 109 Mill Gate, Newark, Nottinghamshire, NG24 4UA
Guide Price
- The guide price for the property is now £1,200,000, reflecting its potential as an ideal apartment development opportunity.
Key Features
- The property is arranged to provide Thirty-Eight en-suite Bedrooms with Ancillary Accommodation, offering a significant opportunity for conversion into luxury apartments.
- The Gross Internal Area (GIA), as per the EPC, is approximately 1,926 sqm (20,731 sq.ft), providing ample space for a comprehensive redevelopment.
- The site area is approximately 0.229 Hectares (0.565 Acres), offering generous outdoor spaces for potential residents.
- The property’s location, close to Newark Marina and in a prominent town centre location, makes it an attractive proposition for apartment development.
- On-site parking is available, adding to the convenience for potential residents.
Viewing Schedule
The property will be available to view on dates and times to be announced. Please stay tuned for updates.
Contact Information
- Contact Person: Edward R Swindells
- Phone: 07971033276
- Email: edward@worldofauctions.co.uk
Internal Details
Basement Four Rooms including Boiler Room
Second/Attic Floor One Bedroom, Shower Room/WC, Kitchen area and Staff Room
Ground Floor
Ground Floor
Communal Entrance Hall
Nineteen Bedrooms with wetrooms
Two Lifts (not tested)
Dining Rooms/Lounges
Communal Kitchen
further Kitchen area
Two further communal Entrance Halls
ancillary accommodation
Other Floors
First Floor
Eighteen Bedrooms each with wetrooms, further Communal Lounge and a Communal Dining/Kitchen, WCs and ancillary accommodation
The Opportunity
Millbank Care Home was formerly registered for up to 44 residents, presents an ideal opportunity for either existing C2 use (Care) or to redevelop for alternate use, subject to the necessary planning permissions.
Disclaimer
Important notice – Pre-registration approval to bid, guide prices, reserves, additional charges and other matters are subject to change. Please refer to the auction website for the most up-to-date information.
https://worldofauctions.co.uk/newark-on-trent-newarks-most-and-least-expensive-streets-revealed/