Freehold Multi Let Commercial Investment

Investment Opportunity – Middle Gate, Newark

Guide Price: £460,000 (100% Share Sale)
Business Reference: GO4516

EXECUTIVE SUMMARY

Openplan Real Estate Developments Limited presents an attractive investment opportunity in the heart of Newark-on-Trent. The company owns the freehold interest in 42–46 Middle Gate, a fully let mixed-use property generating a gross rental income of £101,000 per annum.

The property comprises three retail units on long leases alongside a fully occupied 8-bedroom House in Multiple Occupation (HMO), providing a balanced and diversified income stream. The HMO is managed by an experienced third-party agent, while the retail units are overseen directly by the vendors.

This is a 100% share sale, giving investors the opportunity to acquire the company holding the freehold, with significant savings on stamp duty, legal fees, and financing costs. The share sale structure ensures a tax-efficient and straightforward acquisition process.

PROPERTY PORTFOLIO

42 Middle Gate – Ground floor lock-up shop of approx. 355 sq ft. Produces £13,500 per annum. Lease secured until 2035.
44 Middle Gate – Ground floor retail unit of approx. 463 sq ft. Produces £15,000 per annum. Lease secured until 2031.
46 Middle Gate – Ground floor retail unit of approx. 420 sq ft. Produces £14,000 per annum. Lease secured until 2028.
46a Middle Gate – First and second floors comprising a fully licensed 8-bedroom HMO (approx. 1,516 sq ft). Fully let, producing £58,500 per annum. Professionally managed with established tenants and low void risk.
Total Gross Revenue: £101,000 per annum

FINANCIAL PERFORMANCE

Gross Rental Income: £101,000 per annum
Net Profit (after finance): £43,876 per annum
Estimated Asset Value: £1,130,000
Outstanding Liabilities: £689,000 bridging loan (currently being refinanced into a long-term mortgage to reduce finance costs and secure stability)
The refinance offers scope for enhanced profitability and improved cashflow for the incoming investor.

TENANT & LEASE PROFILE

Retail tenants benefit from secure, long-term lease agreements running between 3–10 years, providing stability and predictable rental income.
The HMO is let on a room-by-room basis to a diversified tenant mix, reducing reliance on any single occupant.
Professional management is in place to oversee tenant relations, rent collection, and maintenance, ensuring a hands-off investment model.

LOCATION

Middle Gate is a prime retail and residential location in Newark town centre, a historic market town in Nottinghamshire.

Key advantages include:

Excellent transport links, with direct rail services to London in approximately 75 minutes and strong road connections to the A1 and A46.
A vibrant town centre location with consistent demand for both retail and residential units.
A strong local economy driven by logistics, manufacturing, retail, and services.
Year-round tourist appeal, with attractions such as Newark Castle, the market square, Sherwood Forest, and Lincoln Cathedral.

KEY HIGHLIGHTS

Freehold mixed-use property with three retail units and a high-yielding HMO.
Fully let, with long-term leases securing commercial income.
Professionally managed HMO with 100% occupancy.
Diversified income streams, balancing commercial and residential.
Hands-off structure with management in place.
Strong underlying property asset value of £1.1M .
Significant refinance opportunity, with bridging loan conversion to long-term mortgage expected to improve net returns.
Genuine sale driven by owners’ emigration, creating a timely investment opportunity.

WHY INVEST

This opportunity offers:

Immediate income from a fully occupied property.
A balanced and resilient rental profile across commercial and residential tenants.
A low-maintenance investment thanks to professional property management.
Capital growth potential supported by Newark’s strong transport links and ongoing development.
Cost-efficient acquisition through a share sale structure, reducing upfront transaction costs.

CONFIDENTIALITY & NEXT STEPS

Viewings are strictly by appointment only, for more information, please contact:

Goodwins Business Brokers
Tel: 0330 236 7030
Email: [email protected]

• Freehold Property
• High Quality Fit Out
• Impressive Profits
• Unique Business
• Unique Opportunity
• Well Established