The Textile Building, Victoria Street, Newark
Guide Price £120,000 to £130,000

The market town of Newark on Trent is abundant with historic features including the Castle, Church and market square. Newark also boasts amenities including the Palace Theatre, bowling alley and cinema. There are excellent shopping facilities in the town with major retail chains and supermarkets including Waitrose, Morrisons, Aldi and Marks & Spencer food, as well as fine restaurants, public houses and cafes. The Newark International Antiques & Collectors Fair at Newark Showground is the largest annual antiques fair in Europe. For the commuter the A1 trunk road offers easy access to the north and south of the country. There is a DIRECT LINE RAIL LINK FROM NEWARK NORTHGATE STATION TO LONDON KINGS CROSS WHICH TAKES FROM A LITTLE OVER AN HOUR.

Upon entering the front door, this leads into:

The entrance hallway provides access to the living space and shower room, and has a recessed ceiling spotlight.

7' 1'' x 4' 6'' (2.16m x 1.37m)

The well appointed shower room is fitted with a double width walk-in shower cubicle with mains rainwater head shower, together with a hand held attachment. There is a floating wash hand basin and a WC. The shower room is enhanced with recessed ceiling spotlights together with contemporary floor and wall tiling. There is also a heated towel rail, an extractor fan and a shaver socket.

14' 6'' x 11' 7'' (4.42m x 3.53m)

This open plan living and sleeping space has dual aspect windows to the rear and side elevations, recessed ceiling spotlights and a wall mounted heater. The area is open plan through to the kitchen/diner.

15' 4'' x 10' 0'' (4.67m x 3.05m)

The kitchen/diner is of sufficient size to accommodate a dining table together with occasional furniture. The contemporary kitchen is fitted with a range of base and wall units with square edge work surfaces and tiled splash backs. There is a sink, and integrated appliances include an oven, induction hob with extractor hood above, fridge, freezer, dishwasher and washer/dryer. Once again this area is complemented with recessed ceiling spotlights and has an electric panel heater. The airing cupboard is located here.

The Textile Building is a collection of 39 properties comprising studios, one and two bedroom apartments, through to two bedroom penthouses, expertly crafted from a landmark Victorian building. The building is a beautiful example of Victorian functionality mixed with Art Deco finishes, together with a private courtyard garden, co-working space and communal library, the Textile Building offers clients a fantastic opportunity to own a luxury apartment in this highly desirable location. Divided into four buildings, each retains period character and charm, with exceptionally high ceilings of up to 3.6 metres, and arched picture windows. The individually styled buildings across the site include The Print Works Building, The Dye Factory, The Drapery, The Mill and The Penthouses.

The Dye Factory is located at the heart of the development and houses the main entrance, post room, library and co-working studio. On the ground floor are apartments 1, 2, 3 and 4. To the first floor are apartments 17, 18, 19, 20 and 21.

Personal space and privacy are expertly balanced with social interactions and connectivity at The Textile Building. The generous reception area is the gateway to this statement building while the mail room provides a secure facility. Some of the apartments have private parking spaces and there are also numerous cycle spaces, and electric charging points available for both.

The stunning co-working space will offer residents the chance to work alone or collaboratively. The vaulted ceiling and abundance of natural light creates a bright and airy environment complemented by a homely interior design scheme. Within this area is a shared desk area, the provision of fast fibre broadband and a breakout lounge.

The tenure of the property is leasehold on a 999 year lease from approximately 2024. There is no ground rent payable.

The current service charge per square metre per month is £2.08.

The property is in Band A.

Each apartment has a 10 year building guarantee.

There is a high efficiency hot water system and heating, together with electric panel heating system to all areas.