Overview
Middle Gate in Newark-on-Trent presents a compelling mixed-use property investment opportunity held within a limited company and offered as a 100% share sale. The freehold interest encompasses three fully let ground-floor retail units alongside a fully occupied, professionally managed eight-bedroom House in Multiple Occupation on the upper floors, together generating a gross rental income of approximately £101,000 per annum. The share sale structure offers incoming investors a tax-efficient and straightforward route to acquisition.
The investment operates on a genuinely hands-off basis. The HMO is managed by an experienced third-party agent covering tenant relations, rent collection, and maintenance, while the retail units are overseen directly by the vendors. With diversified tenancies across both commercial and residential occupiers, the business delivers a reliable and balanced income stream with minimal day-to-day involvement required from the owner. The sale is driven by the owners' emigration, making this a genuine and timely opportunity.
Business Highlights
- Fully let mixeduse freehold investment generating gross rental income of approximately £101,000 per annum
- Four incomeproducing units comprising three retail shops and a fully occupied eightbedroom licensed HMO
- Diversified tenant base across both commercial and residential occupancies, reducing reliance on any single income source
- Professionally managed HMO with established tenants and low void risk, providing a truly passive income stream
- Ongoing refinancing of existing finance into a longterm mortgage is expected to improve cashflow and enhance net returns for the incoming investor
- 100% share sale structure offering potential savings on stamp duty, legal fees, and associated acquisition costs
- Genuine sale driven by owners' emigration, presenting a timely opportunity for an investor seeking immediate income
Location
Middle Gate sits at the heart of Newark-on-Trent, a thriving historic market town in Nottinghamshire with excellent connectivity and a strong local economy. The town benefits from direct rail services to London in approximately 75 minutes and strong road links via the A1 and A46, making it highly accessible for both residents and retail customers. Newark enjoys consistent demand for commercial and residential space, supported by a diverse economy spanning logistics, manufacturing, retail, and services, as well as year-round visitor appeal from attractions including Newark Castle, the market square, and the wider region.
Premises & Tenure
The property at Middle Gate comprises four units across a mixed-use freehold building. The ground floor accommodates three established retail lock-up shops ranging from approximately 355 to 463 square feet each, all held on secure long-term commercial leases. The upper floors house a fully licensed eight-bedroom HMO of approximately 1,516 square feet, fully let on a room-by-room basis to a diversified tenant mix. The freehold interest is held within the company being acquired, and the transaction is structured as a 100% share sale of that entity.
Next Steps
Goodwins Business Brokers are acting exclusively on behalf of the vendors and invite serious enquiries from property investors and those seeking an established income-producing asset with strong underlying fundamentals. Please contact us directly to register your interest and to arrange a conversation with our team. Full details are available in the Information Memorandum.
