SHOP AT, 35 Cromford Road, Langley Mill, Nottingham, Nottinghamshire, NG16 4EF
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- SECTOR
High street retail property for sale
Key features
- AN OUTSTANDING OPPORTUNITY TO ACQUIRE A VERSATILE, VACANT COMMERCIAL PREMISES IN THE HEART OF LANGLEY MILL'S THRIVING COMMERCIAL AREA
- HIGH VISIBILITY AND FOOTFALL, MAKING IT IDEAL FOR A VARIETY OF USES INCLUDING RETAIL, OFFICE OR SERVICE BASED BUSINESSES
- HIGH POTENTIAL YIELD OF 15% PER ANNUM (BASED ON MARKET RENT AND GUIDE PRICE)
Description
***This well-positioned property benefits from high visibility and footfall, making it ideal for a variety of uses including retail, office, or service-based businesses.***
***Internally, the property offers a flexible layout with well-proportioned spaces suitable for open-plan use or segmented working areas. The building boasts modern amenities, ample natural light, and strong structural integrity ready for immediate occupation or light refurbishment to suit individual business needs.***
***Externally, the site includes off-street parking and excellent access for deliveries. Located just minutes from the A610 and M1, the property enjoys superb transport links to Nottingham city centre and beyond, making it a strategic base for local and regional operations.***
***EXCELLENT TRANSPORT LINKS AND PROXIMITY TO KEY ARTERIAL ROUTES***
***POTENTIAL ANNUAL RENT OF £7,500 PER ANNUM - HIGH POTENTIAL YIELD OF 15% PER ANNUM (BASED ON MARKET RENT AND GUIDE PRICE)***
Whether you're expanding your business footprint or seeking a high-yield investment, 35 Cromford Road presents a compelling commercial opportunity in a sought-after location.
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- 23, Dorchester Road, Kimberley, Nottingham, Nottinghamshire, NG16 2TN - 2 bedroom - SOLD FEB'25 - £173,000
- 28, Bourne Drive, Langley Mill, Nottingham, Derbyshire, NG16 4BJ - SOLD Feb'25 - £150,000
- 44 Queens Road North, Eastwood, Nottingham, Nottinghamshire, NG16 3LA - 2 bedroom - SOLD Jan'25 - £144,000
***Nottingham is a city and unitary authority area in Nottinghamshire, East Midlands, England. It is located 33 miles (53 km) south-east of Sheffield and 45 miles (72 km) north-east of Birmingham.***In the 2021 Census, Nottingham had a reported population of 323,632.***
***TRANSPORT IN NOTTINGHAM***
- Air
Nottingham is served by East Midlands Airport (formerly known as Nottingham East Midlands Airport, until it reverted to its original name), near Castle Donington in north-west Leicestershire, just less than 15 miles (24 km) south-west of the city centre.
- Trams
The reintroduction of trams in 2004 made Nottingham one of only nine English cities to have a light rail system. Services ran from the city centre to Hucknall in the north, with a spur to the Phoenix Park park and ride, close to junction 26 of the M1.
- Nottingham Express Transit trams
Two additional lines opened in 2015, extending the network to the southern suburbs of Wilford and Clifton and the western suburbs of Beeston and Chilwell.
-Railways
Nottingham railway station
Nottingham railway station, formerly Nottingham Midland, provides access to rail services for the city; trains are operated by CrossCountry, East Midlands Railway and Northern. It is the only remaining station in the city centre and is the second-busiest railway station in the Midlands for passenger entries and exits
***EDUCATION IN NOTTINGHAM***
***Almost 62,000 students attend the city's three universities, Nottingham Trent University, the University of Law and the University of Nottingham; in the 2016/17 academic year, Trent University was attended by 29,370 students and Nottingham University by 32,515. The University of Nottingham Medical School is part of the Queen's Medical Centre.***
The Trent Building University of Nottingham
There are three colleges of further education located in Nottingham: Bilborough College is solely a sixth form college; Nottingham College was formed in 2017, by the amalgamation of Central College Nottingham and New College Nottingham (which had both previously formed from the merger of smaller FE colleges); and the Confetti Institute of Creative Technologies, owned by Nottingham Trent University, is a further education college that specialises in media. The city has dozens of sixth form colleges and academies, providing education and training for adults aged over sixteen.
Nottingham also has a number of independent schools. The city's oldest educational establishment is Nottingham High School, which was founded in 1513.
***THINGS TO DO***
Nottingham has a lot to offer, including a labyrinth of underground caves complete with a bar. Find its cultural quarter, the Lace Market, fusing old-world architecture with the cool indie vibes of restaurants and bars. Take a ghoulish tour under one of England's oldest pubs or set yourself loose in the wilds of parklands and adrenaline-filled fun in the acres of Nottingham's famous Sherwood Forest. And for sports lovers, enjoy a mix of top quality football and cricket.
GUIDE PRICE: £50,000
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Brochures
SHOP AT, 35 Cromford Road, Langley Mill, Nottingham, Nottinghamshire, NG16 4EF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Langley Mill Station0.2 miles
- Ilkeston Station3.2 miles
- Newstead Station5.6 miles
Notes
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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 Online Property Auction Group, Glasgow on 01409 335799.
*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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