2-4 Outram Street , Sutton-in-ashfield

The property comprises a large, freehold, investment/development opportunity occupying a prominent corner pitch in the heart of Sutton-in-Ashfield.

Arranged across ground and first floors, the accomodation provides a large ground floor retail unit with further amenity space to the upper parts. We understand the property was previously occupied by a gym and Halfords.

We consider the property presents immediate value-add asset management potential via letting of the vacant space, with the unit benefitting from a prominent corner pitch and being suitable for a variety of occupiers.

Whilst there are no extant planning consents, the whole or part of the property could be converted to alternative uses, including residential (subject to obtaining the requisite consents). We understand that plans have been drawn up for a potential conversion of the upper parts to 3 x residential flats with a further 3 x two bedroom houses to the rear.

The property benefits from a prominent corner pitch fronting Outram Street with a return frontage to Portland Street. Outram Street comprises one of the principal retail streets in the town and the property is close to Forest Street and the pedestrianised heart of Sutton-in-Ashfield, the Idlewells Shopping Centre, the prime retail amenity, is approximately 0.1 miles from the subject property.