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SDL Property Auctions to sell off former Marriotts Cycles building Appletongate, Newark




A building in the heart of the town that housed a cycle business for many years is up for auction this week.

The former Marriotts premises, on Appletongate in Newark, is being auctioned off by SDL Property Auctions on Thursday (January 30) at 9am, which can be viewed and bids accepted at https://www.sdlauctions.co.uk/ as Lot 144.

The property traded as a bike shop until recently when it closed down, and now the building is up for sale as a “substantial mixed use property” with a commercial unit, outbuildings and five bedrooms with scope to convert into an HMO [house in multiple occupation] subject to planning.

Marriotts Cycles up for auction. Photos: SDL Property Auctions.
Marriotts Cycles up for auction. Photos: SDL Property Auctions.
Marriotts Cycles up for auction. Photos: SDL Property Auctions.
Marriotts Cycles up for auction. Photos: SDL Property Auctions.
Marriotts Cycles up for auction. Photos: SDL Property Auctions.
Marriotts Cycles up for auction. Photos: SDL Property Auctions.

The ground floor accommodation comprises an entrance hall, kitchen, lounge, storage, and workshop to the rear with a 415sq ft commercial unit and large garden.

To the front there is a forecourt with space for vehicles, with further on-street parking to the right hand side of the property.

On the first floor, there is more storage and five bedrooms, and a spokesman for SDL Property Auctions said: “We feel the property would be suitable for an HMO, and there is scope to create a separate block to the rear utilising the extensive garage space at the rear.”

Marriotts Cycles building up for auction. Photos: SDL Property Auctions
Marriotts Cycles building up for auction. Photos: SDL Property Auctions
Marriotts Cycles up for auction. Photos: SDL Property Auctions.
Marriotts Cycles up for auction. Photos: SDL Property Auctions.
Marriotts Cycles up for auction. Photos: SDL Property Auctions.
Marriotts Cycles up for auction. Photos: SDL Property Auctions.
Marriotts Cycles up for auction. Photos: SDL Property Auctions.
Marriotts Cycles up for auction. Photos: SDL Property Auctions.

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.



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