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Sherbrook Road, Daybrook

Guide Price
£275,000

Business rates & charges may apply

PDM Estates, Nottingham
SIZE

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SECTOR

Commercial property for sale

Key features

  • Rare opportunity to acquire a prominent mixed-use commercial property
  • Long established and operating convenience store & off-licence with a regular and consistent local customer base
  • Positioned on a larger than average plot, potentially suitable for further development
  • Freehold detached property with on and off-street parking
  • Available with either vacant possession or tenanted
  • Ground floor retail unit with separate large storage unit/garage to the rear
  • 3/4 Bedroom maisonette above
  • Potential scope for further development subject to planning

Description

A Rare Opportunity To Acquire A Prominent, Mixed-Use Commercial Property Consisting Of A Ground Floor Retail Unit (Established Off-Licence & Convenience Store) And Spacious 3/4 Bedroom Maisonette Above With Sizeable Plot And Storage Unit To The Rear All Located Within The Bustling Heart Of Daybrook Nottingham

Positioned prominently on the highly desirable Sherbrook Road, this impressive mixed-use semi-detached freehold offers a rare opportunity to acquire a thriving, ready-to-run commercial enterprise alongside a spacious and self-contained private residence. The ground floor is anchored by a long-established convenience store, serving a bustling local community, and benefits from a substantial rear storage area. The upper level comprises an expansive three-to-four-bedroom maisonette, providing a versatile family home with its own private access. This distinctive combination of a high-footfall trading position, generous off-street and on-street parking, and notable scope for future enlargement (subject to permissions) represents an exceptionally versatile investment.

The property occupies a strategic position in the heart of Daybrook, directly serving a dense residential catchment of several hundred homes, as well as local schools, warehouses, and offices. Situated just moments from major national retailers including McDonald's, Sainsbury's, Premier Inn, Wickes, and Skoda, the location benefits from significant through-traffic and the energy of a thriving commercial zone.

Perfect for investors or owner-operators seeking flexibility, this ready-to-occupy asset seamlessly blends strong income potential with substantial residential accommodation in a proven, prosperous location.

The property is available for purchase either with vacant possession or as an established income generator, with sitting tenants in place for the commercial element.

Furthermore, the site offers considerable untapped potential. We believe there is excellent scope to redevelop and extend the existing residential accommodation to create additional units, subject of course, to the necessary planning consents.

Please note: The business element of the property is included within the guide price, however can be purchased separately subject to negotiation if required.

Price Guidance

The freehold is available to purchase at a guide price of £275,000.

We anticipate the property to be let at a rental income of £19,800 per annum in its current format.

Pertinent Information (This information is given for guidance purposes only and prospective parties are advised to make their own enquiries)

Council Tax Band: (To Residential Maisonette) A

Business Rates: (To Retail Unit) This retail unit has a current rateable value of £5,700 (1 April 2023 to present)

VAT: We understand VAT is not applicable

EPC

Non-Domestic - C
Domestic - D

Location

Perfectly positioned within one of North Nottingham's most active and sought-after communities, this property is at the very heart of Daybrook's bustling local economy. The area serves as a significant retail and social hub, characterised by a dense residential catchment and excellent transport links, including major bus routes along Mansfield Road (A60) and easy access to the A614 and M1.

This ensures a consistent footfall from a loyal local customer base. Daybrook boasts a vibrant mix of essential amenities, including supermarkets, popular eateries, and independent retailers, creating a compelling destination that draws shoppers from the wider area. The presence of a well-established Post Office and convenience store within this context is not just a business; it's a vital community pillar and a guaranteed footfall driver, offering immense stability and exceptional potential for continued prosperity.

Services

Mains electricity, drainage and water are understood to be connected. The property benefits from gas central heating.

Local Authority

Gedling Borough Council

Important Information - Making An Offer: As part of our service to our vendors we ensure that all potential buyers are in a position to proceed with any offer they make and would therefore ask any potential purchaser to speak with our Mortgage Advisor to discuss and establish how they intend to fund their purchase. Additionally we can offer Independent Financial Advice and are able to source mortgages from the whole of the market helping you secure the best possible deal and potentially saving you money. If you are making a cash offer we will ask you to confirm the source and availability of your funds in order for us to present your offer in the best possible light to our Vendor.

Property Particulars: Although we endeavour to ensure the accuracy of property details we have not tested any services heating plumbing equipment or apparatus fixtures or fittings and no guarantee can be given or implied that they are connected in working order or fit for purpose. We may not have had sight of legal documentation confirming tenure or other details and any references made are based upon information supplied in good faith by the Vendor. Any proposed rental figures are speculative based on comparable market data and knowledge of the local rental market. These values should not be relied upon.

Floor Plans: Purchasers should note that if a floor plan is included within property particulars it is intended to show the relationship between rooms and does not reflect exact dimensions or indeed seek to exactly replicate the layout of the property. Floor plans are produced for guidance only and are not to scale.

Energy Performance Certificates

EE Rating

Brochures

Sherbrook Road, Daybrook

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • David Lane Tram Stop1.8 miles
  • Basford Tram Stop1.8 miles
  • Bulwell Forest Tram Stop2.0 miles

About PDM Estates, Nottingham

35 Talbot Street, Nottingham, NG1 5GL

A business built on trust

At PDM Estates, we do most things property, and we do them well. An independent family run practice, specialising in some of Nottingham's premier locations. Whether buying, selling, renting, investing, developing, requiring property management, or anything else in between, you can rely on our 25+ years of experience & success to be your guiding hand, at every step of the way.

Our passion and expertise have allowed us to succeed

We have a truly devoted passion for representing our clients interests and needs, at all times. A property for many, is their most valuable and prized possession. Big or small, we make it our focus to ensure they are receiving the best possible value and service. From our unrivalled local knowledge and experience, to our deep routed fervour for customer care, we are confident you can trust and rely upon us.

Here to help

Helping our clients achieve their property related goals is what we do best. To see how we can help, contact 0115 8713 299.

Alternatively, you can email us at enquiries@pdmestates.co.uk

Notes

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Disclaimer - Property reference 34500354. 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 PDM Estates, Nottingham. 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.

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