
Victoria Square, Worksop, S80
- PROPERTY TYPE
Commercial Property
- BEDROOMS
7
- SIZE
Ask agent
Key features
- Freehold Investment
- Let at £80,346 per annum
- 4-5 Shops
- 6 Self Contained Flats
- Advertising Boarding
- In Excess Of 10% Yield
Description
An exceptional freehold investment opportunity with a rental potential of £80,346 per annum with a yield in excess 10%.
Property Overview:
This mixed-use site offers a diverse and profitable investment, comprising:
- Five retail units
- Six self-contained flats
- Advertising hoarding
- Shared car park
Situated in a bustling commercial parade within a residential area, the property features over 5,000 sq. ft. of accommodation with a prominent 95-foot frontage.
Current Tenancy Overview:
Ground Floor – Retail Units
- Moo Lab (Unit 5) – £833 pcm
- Unit 7-9 – £800 pcm
- Best Mini Mart (Unit 11) – £650 pcm
- Fone and Smoke (Unit 13) – £650 pcm
Total Commercial Income: £35,196 per annum
Upper Floors – Residential Flats
All six flats are large, self-contained, and fully let under assured shorthold tenancies:
- Flat 5A – £600 pcm (3-bedroom)
- Flat 7A – £650 pcm (3-bedroom)
- Flat 9A – £675 pcm (4-bedroom)
- Flat 11A – £600 pcm (3-bedroom)
- Flat 13A – £450 pcm (1-bedroom)
- Flat 13B – £475 pcm (1-bedroom)
Total Residential Income: £41,400 per annum
Advertising Hoarding
- Positioned on the left-hand gable wall
- Rental Income: £3,750 per annum
Shared Car Park
Convenient parking area accessible to tenants and visitors.
Key Features:
- Total Annual Income: £80,346
- Yield: Over 10%
- Situated in a high-demand area surrounded by commercial and residential properties
- Ready-to-go income stream with long-term potential
Victoria Square, Worksop, S80
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Worksop Station0.3 miles
- Shireoaks Station2.2 miles
- Whitwell Station3.7 miles
Notes
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