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Investment property

Mansfield Woodhouse, NG19 - Get Access

Description

An opportunity to acquire a freehold commercial investment property comprising a ground floor convenience store (let) and self-contained offices over the first and second floors (vacant), part let and producing £13,000 per annum. Located in the retail centre of Mansfield Woodhouse, approximately 1.3 miles north of Mansfield town centre, the property benefits from a wealth of local amenities, nearby occupiers including Ladbrokes, Morrisons, and Farmfoods, on-street parking to the front, and a short walk to Mansfield Woodhouse Train Station. The ground floor comprises a convenience store let to Savis Convenience Store on a 15-year lease dated 15/09/25 at £13,000 per annum, with a ground floor area of approximately 925 sq ft. The first and second floors feature self-contained access from the frontage, with the first floor providing three office rooms, a kitchen, and staff toilets spanning approximately 480 sq ft, and the second floor comprising two office rooms spanning approximately 380 sq ft. There is scope to convert the upper floors to residential use, subject to planning permissions.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 925 sq ft (Listing)

Valuing a mixed-use commercial and office property requires balancing rental income yields with the potential of vacant upper floors. Located in the retail centre of Mansfield Woodhouse, the property features a period stone facade and a three-storey layout. The ground floor is let on a long lease generating £13,000 per annum, while the upper floors require moderate refurbishment. Floor areas are based on internal estimates totalling 925 sq ft on the ground level alongside upper office levels.

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