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Detached Freehold Commercial Property Located In Mansfield For Sale

Mansfield, Nottinghamshire, UK
Freehold Price:
£275,000 Furniture / Fixtures included
Leasehold:
£1 Furniture / Fixtures included
Turnover:
Not applicable
Net Profit:
Not applicable

Detached Freehold Commercial Property located in Mansfield, Nottinghamshire. Retail Space & Three Bedroom Flat Above. Suitable Investment Property. Leasehold option available (Rent £19,995 pa).

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.

Property Information

Property:

Available as freehold and leasehold

Leasehold Rent:

£19,995 per annum

Living Accommodation:

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.

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.

Premises Details:

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.

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.

Other Information

Leasehold asking price:
£1 - Furniture / Fixtures included