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COMMERCIALSOLD STC

12 Leeming Street, Mansfield NG18 1NE

Guide Price
£125,000
Auction House, Lincolnshire
PROPERTY TYPE

Commercial Property

SIZE

Ask agent

Key features

  • Retail Investment Unit
  • Accommodation Over 4 Floors
  • 12 Year Lease at £17,000 per annum
  • Prime Town Centre Location
  • Investors / Developers
  • EPC - TBC
  • Guide Price £125,000 - £145,000 (plus fees)

Description

*ONLINE Unconditional Auction Opening 31 March 2025*
To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire

Situation:
The property occupies a prime position in the heart of Mansfield town, being within the busy retail area of Leeming Street, leading into the market square. The area benefits from high footfall, and significant passing trade, whilst Mansfield itself it well served by the surrounding road network, and the cities of Sheffield, Nottingham, Derby and Leeds are within easy reach.

Description:
A wonderful, and rare opportunity to acquire this retail investment unit, in the heart of this busy town centre. The property boasts accommodation over 4 floors, and is currently occupied by an established tenant on a 12 year lease commencing on the 4th August 2014 at £17,000 per annum. This is a substantial unit with significant scope to further develop or utilise the space subject to planning and tenancy. Ideal for investors.

Accommodation: Ground Floor:
Primary Retail Area and Kitchen
Café Area
Rear Storage and Preparation Area
WC

Lower Ground Floor
Cellar/Storage Areas

First Floor
Large Secondary Seating Area

Second Floor
2 Further Large Rooms
WC
Material Information Tenure:
The property is freehold. All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack.

Council Tax:
The property falls within Mansfield Council

Possession:
Subject to exisiting lease agreement.

Viewing:
Strictly by appointment with Auction House.

Services:
Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.

These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.

Tenure: Freehold

Administration Fee: £1440 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £1440 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

12 Leeming Street, Mansfield NG18 1NE

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Mansfield Station0.2 miles
  • Mansfield Woodhouse Station1.3 miles
  • Sutton Parkway Station3.0 miles

About Auction House, Lincolnshire

124, Trinity Street, Gainsborough, DN21 1JD

Auction House Lincolnshire is run by Drewery & Wheeldon whose long and proud history of involvement in auctions goes all the way back to 1879. We have been trading as Auction House since 2007 and our six auctions per year cycle is ideal for our area. We don't just cover Lincolnshire but overlap into North Nottinghamshire to include Worksop and Retford, and South Yorkshire in the area around Doncaster. We also enter lots from the South Humberside areas around Scunthorpe, Brigg, Immingham and Grimsby. Central and coastal Lincolnshire, including the city of Lincoln, is our heartland from Grantham in the west to Boston in the south and up the coast to Skegness, Mablethorpe and beyond. We sell residential, commercial, rural and investment lots, and offer a professional advisory service too.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 202501311611sq_9rsc. 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 House, Lincolnshire. 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 House, Lincolnshire on 01427 800574.

*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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