SessionID: xyrmvoutk02524ip1j5cdsfc

Building for Sale in Church Street, Mansfield | Sold

£350,000

Overview


  • 5

  • Building

  • £350,000

  • Church Street

  • IP0026751022

Property Details

A MIXED RESIDENTIAL /COMMERCIAL INVESTMENT, TOWN CENTRE LOCATION. PROMINENT 19TH CENTURY, GRADE II LISTED AND OF HISTORICAL LOCAL INTEREST. PRODUCES CIRCA £35,600 PER ANNUM (GROUND FLOOR RETAIL AND 5 BED HMO). GROUND FLOOR RENT OF £800 PCM, 4 YEARS REMAINING ON LEASE (APPROX). FIRST FLOOR COMPRISING 2 BEDROOMS, DINING KITCHEN, UTILITY, SHOWER ROOM AND WC. SECOND FLOOR CONSISTING OF 3 FURTHER BEDROOMS AND SECOND SHOWER ROOM. ROOMS PRODUCING BETWEEN £90 - £110 PER WEEK, INCLUDING BILLS. PLANNING WAS GRANTED FOR THE CHANGE OF USE IN 2020 (REF: 2020/0100/COU).

Directions: - From our Mansfield office, proceed down Albert Street and fork right on to Bridge Street. Church Street is at the bottom of here and the property is immediately facing you.

Comprises: -

Ground Floor Retail. -

Sales Area 1 - 9.80m x 5.97m (32'2 x 19'7) -

Sales Area 2 - 4.34m x 3.48m (14'3 x 11'5) -

Staff Room/Kitchen - 4.78m x 2.95m narrowing to 2.59m (15'8 x 9'8 narro -

Cloakroom - wc and wash hand basin.

Please Note: - All the fixtures and fittings within the ground floor are the property of the current tenants. They have also indicated to us that, as a separate arrangement, they may be interested in selling the Horizon cafe/restaurant business.

A separate side entrance (as a condition of the planning) provides access to the first and second floor bedrooms.

Hallway - slimline electric heater, tiled flooring and timed lighting. Door to the rear courtyard and access to the basement. Consumer unit. Stairs to the bedrooms. Emergency lighting and hard wired smoke alarms are provided for compliance purposes.

First Floor. -

Landing - with radiator and double glazed aspect. Stairs to the second floor.

Dining Kitchen - 4.67m x 3.68m (15'4 x 12'1) - with modern base and eye level units, work surfaces and stainless steel sink unit and single drainer. Built in electric double oven and separate 4 ring hob with extractor. Wall mounted combination boiler. Tiled flooring.

Utility - work top, tiled flooring and radiator.

Shower Room - large, fully tiled shower area. Wall mounted wash hand basin. Radiator. Separate wc with wash hand basin.

Second Floor. -

Landing - with radiator and double glazed window.

Shower Room - large tiled shower area, wall mounted wash hand basin and wc. Radiator.

Bedrooms - Over the 2 floors are 5 bedrooms but we are unable to inspect these at the time of our appointment.

There is an outside courtyard to the rear.

Money Laundering - under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, we must point out that any successful purchasers who are proceeding with a purchase will be asked for identification i.e. passport, driving licence or recent utility bill. This evidence will be required prior to solicitors being instructed in the purchase or sale of a property.

Financial Advice - we offer help and advice in arranging your mortgage. Please contact this office. Written quotations available on request. YOUR HOME IS AT RISK IF YOU DO NOT KEEP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.

As With All Our Properties - we have not been able to check the equipment and would recommend that a prospective purchaser should arrange for a qualified person to test the appliances before entering into any commitment. MA5387/04/05/2022.

  • A Mixed Residential /commercial Investment, Town Centre Location.
  • Prominent 19th Century, Grade Ii Listed and of Historical Local Interest.
  • Produces Circa £35,600 Per Annum (Ground Floor Retail and 5 Bed Hmo).
  • Ground Floor Rent of £800 Pcm, 4 Years Remaining on Lease (Approx).
  • First Floor Comprising 2 Bedrooms, Dining Kitchen, Utility, Shower Room and WC.
  • Second Floor Consisting of 3 Further Bedrooms and Second Shower Room.
  • Rooms Producing Between £90 - £110 Per Week, Including Bills.
  • Planning Was Granted for the Change of Use in 2020 (Ref: 2020/0100/cou).