Property for sale
Property description & features
- Freehold Detached Commercial Property
- Investment Property
- Possiblity of 4 Income streams
- Three Bedroom Accommodation Above
- Three Retail Spaces
- Leasehold Option Available
Detached Freehold or Leasehold Commercial Property Located in Mansfield, Nottinghamshire
Retail Space & Three Bedroom Flat Above
Suitable Investment Property
Ref 2856
Location
This Commercial Property is located in Mansfield, Nottinghamshire. Situated within a prominent and highly visible trading position on the corner of Sutton Road and Sheep bridge Lane, which is just (1.5 miles) away from the town centre and (5 miles) from the M1 junction 28. The immediate area is densely populated with residential properties and offers a range of amenities, along with other independent retailers which brings high levels of footfall to the area. There is ample free car parking available nearby.
Freehold Asking Price: £275,000 Offers Over
Leasehold Asking Price: Rent £19,995 p/a
Business Description
Veritas Business Sales offer to the market this delightful mixed-use Freehold Commercial Property which is located in Mansfield. The building dates back to 1931 and has been in the careful hands of the current owners since 2008. Since ownership there has been continual investment made to include a refitted kitchen, rewiring to the ground floor, the whole building has been fully insulated and rendered along with block paving laid to the front aspect. The building benefits from gas fired central heating and the boiler is serviced annually. The corner site is made up of 2 adjoining buildings and is set over 3 floors. The ground floor is currently utilised by three trading businesses, a vape shop, hair salon and a barbers shop. The vape shop and hairdressers are in the main building and operated by the owners with the barber shop to the side aspect producing rental income of £6,960 per annum inclusive of electricity. To the first floor you have three double bedrooms and there is a basement which is currently being used for storage.
This is a rare opportunity to purchase a Freehold Commercial Property which offers a multitude of uses from retail, offices space, or an HMO subject to obtaining the relevant planning consent. There is development potential or you could restore it back to a residential property. There is a huge potential with this building and as such early viewing is highly recommended.
Ground Floor
The hallway has original tiled flooring and leads to all the downstairs rooms.
Room 1 Vape Shop: a large room which is approximately (2.77m x 4.09m) with wooden flooring, original features, radiators, UPVC large bay window to the front aspect and a small window to the rear aspect.
Front Room 2 Shades Hair Salon: a large room which is approximately (2.77m x 4.09m) large room with wooden flooring, original features, radiators, UPVC large bay window to the front aspect. Doorway at the rear leading to another room used as a hair wash station.
Room 3 Hair wash Station: is approximately (1.7m x 1.5m) room is currently used as a hair wash station with sink and backwash salon chair. Doorway leading to the barbershop.
Room 4 Barbershop: the room is an extension to the side of the building which is currently being rented to the Barbers shop and is included within the sale.
W/C with wash basin.
Kitchen: the kitchen has wooden flooring, partially tiled walls, a range of fitted wall and base units with worksurfaces, electric hob, oven, splashback, extractor fan, undercounter fridge, washing machine, a sink and a half with a drainer and mixer taps. From the kitchen there is a doorway leading to the basement and another leading to a lean-to.
Lean-to: currently being used as a walkthrough to the rear yard but could be used as a utility room off the kitchen.
Basement: two separate rooms currently used for outdoor furniture.
From the entrance hall there are stairs leading to the first floor. The owner has ensured all the original features of the staircase and banister have been preserved.
First floor
Stairs leading up to the large landing area with two UPVC windows letting in ample light. There are 3 large double bedrooms, bathroom, storage unit and access to the loft from the landing.
Bathroom has vinal flooring, tiled walls, low level flush WC, pedestal washbasin, mains-fed shower cubical and a bath with shower screen and additional shower.
Bedroom 1 is a large room which is approximately (4.18m x 3.36m) and has carpeted flooring, radiator and UPVC double glazed windows to the front and rear aspect with original features.
Bedroom 2 is a large room double which is approximately (3.4m x 3.79m) and has carpeted flooring, radiator and UPVC double glazed windows to the front aspect with original features including the fireplace.
Bedroom 3 is another large double room approximately (3.69m x 2.8m) and has carpeted flooring, radiator and UPVC double glazed window.
The site benefits from CCTV
External
Yard with bin area and storage with a gate leading to the front driveway. There is ample off-street parking for owners, staff and visitors. They have also installed In Post collect and deposit that brings in additional income and can be removed at anytime.
EPC Rating TBC
Places of interest
Veritas Business Sales - Solihull
Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG
See more properties like this:
*DISCLAIMER
Property reference 2856. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Veritas Business Sales - Solihull.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on August 18, 2015 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.