Mixed Use building in Worksop Town Centre offered via online auction. Register - auctionhouse.co.uk/nottsandderby

FOR SALE VIA NATIONAL ONLINE AUCTION. BIDDING OPENS ON MONDAY 9TH FEBRUARY AT 1PM AND CLOSES TUESDAY 10TH FEBRUARY FROM 1PM. REGISTER TO BID!

Auction House Notts and Derby would like to present this mixed use property conveniently located in the heart of Worksop and offered to the market via online auction.

This property features a double shopfloor space on the ground floor currently operating as a mobility shop, a spacious apartment on the first and second floor, and a large rear yard with development potential.

This spacious shopfloor has various rooms, an office, store room, kitchen room and a W.C/utility room. The private yard area has gated access and has a detached garage and car port, and ample space for a large number of vehicles. It also has a large amount of development potential subject to approval and planning.

The apartment is accessed via the rear of the property and has stairs leading up to a terrace/seating area presenting access to the well kept modern kitchen, a seating room, modern family bathroom, two bedrooms and storage on the first floor. To the second floor is a large open space with spacious storage cupboard and a number of uses. This space could also be divided up into further smaller rooms if required. The whole property has been renovated, developed and improved to an immaculate standard benefitting from a rage of upgrades such as a new roof and new central heating system, and is the ready to go investment property.

The mobility shop is currently rented at £1500pcm but will be made vacant upon completion. The apartment would be sold with vacant possession but could achieve up to £800pcm in its current format, which would generate a combined monthly income of £2300pcm, an attractive annual income of £27,600. The apartment could be altered and create another 2 bedrooms and could be used as a HMO property and be let at £400 per room per month, which would then generate a combined monthly income of £3100pcm, £37,200 per annum.

Ryton Street is located in the heart of Worksop, close to a range of local amenities, with great transport links, close to local parks and walking spots, and local schools.

Viewings By Request
Freehold
Council Tax Band B
EPC Rating D

Tenure: Freehold

EPC Rating: D

Administration Fee: £3600 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.