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Mansfield NG20 Mixed use for sale
Mansfield NG20
£120,000
Mansfield NG20
£120,000
Our Summary
- The shop is currently vacant, providing immediate scope for an owner-occupier or a new tenant
- Mixed-use investment opportunity
Description
This mixed-use property in Shirebrook's Market Place offers a fantastic investment opportunity for those seeking strong returns in a high-demand location. The ground floor retail unit, previously let for £550 per month, is currently vacant, providing immediate scope for an owner-occupier or new tenant. Above, a well-presented one-bedroom flat is occupied by long-standing tenants who pay £695 per month, providing a reliable residential rent stream. The property offers a combined potential income of over £1,245 per month, making it an attractive yield profile in a location with strong local demand and a busy central setting. The flexibility to sell the building fully let or with vacant possession gives investors and owner-occupiers multiple strategies, whether that's holding as a long-term income-generating asset, re-letting the shop, or refurbishing and repositioning the retail element to maximize rental value.