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COMMERCIAL

22 Albert Street & Flats 1-3 Mercia House, Mansfield, NG18 1EB

Guide Price
£250,000
Auction Estates Limited, Nottingham
PROPERTY TYPE

Mixed Use

BEDROOMS

4

SIZE

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Key features

  • Town Centre mixed use investment property (1 shop & 3 x flats)
  • Fully let with a current rent reserved of £31,320 pa
  • A high yielding investment opportunity

Description

An opportunity to acquire a freehold commercial investment property comprising a ground floor retail unit (let) with three x self contained flats above within Mercia House. Fully let with a current rent reserved of £31,320 pa.

For Sale by Public Auction on 15/08/2024 at Trent Bridge Cricket Ground, West Bridgford, Nottingham NG2 6AG

£250,000+

Freehold mixed commercial & residential investment property
Located in the heart of Mansfield town centre
Situated in a prominent position fronting Albert Street
Close to St Peter's Retail Park
Nearby occupiers: Greggs, Costa, Next, Boots, Travelodge etc
Walking distance to Mansfield Train Station & Bus Station
In proximity to the A60, A38 & the A6191
GF retail unit let at £10,500 pa (convenience store)
Floor area of ground floor: 764 sq ft
Self contained upper floors of Mercia House (3 flats)
Comprising 2 x 1 bed flats and 1 x 2 bed flat
Fully let with a current rent reserved of £31,320 pa
An ideal opportunity for investors

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Legal Documents

22 Albert Street & Flats 1-3 Mercia House, Mansfield, NG18 1EB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Mansfield Station0.1 miles
  • Mansfield Woodhouse Station1.4 miles
  • Sutton Parkway Station2.9 miles

About the agent

Auction Estates Limited, Nottingham

Archibald House, Cavendish Road, Carlton, Nottingham, NG4 3DZ

Auction Estates Limited, Nottingham

Auction Estates is a dedicated Property Auction House specialising in the sale of all types of residential housing, commercial property, development land and specialist property investments.

Established by Paul Giles, a former Head of Savills Regional Auction Team with an indisputable track record for selling high volumes of property across the UK on behalf of Corporate bodies, charitable and public institutions, LPA Receivers as well as solicitors and private individuals with lot sizes

More properties from this agent

Industry affiliations

Royal Institute of Chartered Surveyors

Notes

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Disclaimer - Property reference 239612. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction Estates Limited, Nottingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction Estates Limited, Nottingham on 0115 647 3213.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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