Freehold Opportunity – Rare Town-Centre Parking Site
Description
A well-located freehold car park positioned just off Newgate Lane, NG18 2HG, offering excellent access to local amenities, residential streets, and major routes into the town centre. The site is tucked behind established properties and benefits from a private, enclosed feel with mature tree coverage around the perimeter.
The car park provides multiple marked parking bays with additional manoeuvring space, making it suitable for private rental income, staff parking, small-fleet storage, or redevelopment (subject to planning). Existing access is directly from the public highway via a wide entrance, with a mix of tarmac surfacing and surrounding green areas.
Nearby properties include residential housing and commercial units, giving the location strong potential for consistent parking demand. The site also offers scope for improvement, landscaping, or reconfiguration to maximise capacity.
Key Features:
Freehold car park site in a central location
Several marked parking bays with room for further optimisation
Direct access from Newgate Lane
Surrounded by residential and commercial properties
Potential for income generation or redevelopment (STP)
Mature boundary greenery offering privacy
Approximate layout as shown in the accompanying photographs
A rarely available opportunity to acquire an accessible, self-contained parking site in a sought-after urban setting.
Tenure: Freehold
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
£3,600 inc vat payable upon the fall of the virtual gavel
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- Unconditional (Immediate Exchange)
Call the team on 0115 777 8888 for more information
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
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