New ownership of the Buttermarket

Newark’s Buttermarket and Royal Exchange is now owned and managed in partnership by Newark and Sherwood District Council and Newark Town Council.

A phased plan of action is underway that will see new long term retail, food and drink and high street services coming to the building.

We see the iconic Buttermarket as playing a major and strategic role in boosting the town’s retail, cultural and leisure offer.

Our plans

Popular national restaurant/bar chain Lounges will be taking up a key tenancy at Newark’s Buttermarket!

Coming 4 March 2020

Lounges is will open up to customers soon, heralding an exciting new era for the building.

Work is currently being carried out to re-fit a third of the building into the new café with the remainder of the building being redeveloped for a new retail and commercial offering.

The restaurant will serve a whole variety of food from breakfast, lunch, tea, and dinner and with a licensed bar will be open through to late evening, boosting the night-time economy.

Units to rent in Newark Buttermarket

  • National and regional occupiers in close proximity
  • Busy location, with strong footfall
  • Suitable for a variety of retail uses
  • Retail area from 230 sq ft to 1,385 sq ft.
  • Thoroughfare between Market Place and Middlegate
  • Rent: From £6,000 - £28,250 per annum exclusive

Preference are for the units to be let as a whole.

Please contact Peter Preece Buttermarket Project Manager on 01636 655 832.

Thank you to our Buttermarket businesses

The Buttermarket retail units are now closed for redevelopment however public access remains through the building. 

Businesses in the town hall side including Hobson's Shoes, Priti's and Liena's are open for business.

Please continue to support the local businesses who have helped to bring life back into the building.

Beau & Brooke, Boo Barn Boxes and Ceramic Flowers have moved to 6 Boar Lane, Newark

The Scented Home has moved to 19 Bridge Street, Newark

By Tonya Art & Photography Studio has moved to 2 Martindale Lane, Newark (next to the little cherry deli) 

MJ Roberts Studios will attend local creative events

Krafty Katie is available at Newark Market

RhodesAnnalDesigns is available on Etsy

The Soup Dwagon has moved to Chain Lane with the Gluten Free Artisan Bakery

LetsXcape Together has moved to the front of the Buttermarket underneath the Town Hall.

Breathe meetings will be hosted with Letsxcape. Breathe is run by The Shaw Mind Foundation Mon to Wed mornings 1am to 12pm weekly

Why Lizzi Was Late art work is available through her Facebook page

Contact us

Newark and Sherwood District Council
Castle House
Great North Road
NG24 1BY

01636 650 000


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  • 01636 650000

    Mon to Fri 9am to 5pm

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    Castle House
    Great North Road
    NG24 1BY

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