48 and 48A Main Street, Mexborough, South Yorkshire S64 9DU
- PROPERTY TYPE
Mixed Use
- BEDROOMS
2
- BATHROOMS
2
- SIZE
Ask agent
Description
Auction Commencing on Monday 30th March at 1pm and ending 24 hours later on Tuesday 31st March from 1pm with Auction House South Yorkshire
Please register to bid via our website - auctionhouse.co.uk/southyorkshire
FREEHOLD MIXED-USE INVESTMENT – TWO INCOME STREAMS
An excellent opportunity to acquire this freehold mixed-use property prominently positioned on Main Street, comprising a ground floor retail unit and a self-contained two-bedroom first floor apartment, both currently let and generating immediate income.
Investment Summary
Freehold
Ground floor shop – Let at £325 pcm (£3,900 per annum)
First floor 2-bed flat – Let at £425 pcm (£5,100 per annum)
Total current income: £750 pcm (£9,000 per annum)
Two separate income streams
Established high street location
Ground Floor – Retail Unit (Shop floorplan to follow.)
The ground floor comprises a traditional high street retail unit with prominent frontage onto Main Street, benefiting from pedestrian and passing traffic. The premises are currently tenanted at £325 per calendar month.
First Floor – Two Bedroom Apartment
(Self-contained with separate access)
The first floor flat briefly comprises:
Entrance hall with staircase to landing
Living room (4.11m x 3.66m)
Kitchen (2.10m x 1.79m)
Bathroom (1.83m x 1.63m)
Bedroom One (3.66m x 3.56m)
Bedroom Two (3.19m x 1.79m)
The apartment is currently let at £425 pcm and provides a well-proportioned two-bedroom layout suitable for long-term tenants.
Location
Situated within the established commercial area of Main Street, Mexborough (S64), the property benefits from a mix of independent retailers, service providers and residential accommodation. The area supports consistent tenant demand for both residential and retail premises.
Auctioneers Note
Freehold title
Sold with tenants in situ
Immediate income-producing asset
Suitable for investors seeking mixed-use diversification
Tenure: Freehold
EPC Rating: 48A - D and 48 - ordered
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.
48 and 48A Main Street, Mexborough, South Yorkshire S64 9DU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Mexborough Station0.3 miles
- Swinton (S. Yorks.) Station0.7 miles
- Bolton-on-Dearne Station1.8 miles
Notes
Disclaimer - Property reference 202603011643sq_ijzn. 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, South Yorkshire. 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, South Yorkshire on 0114 697 5583.
*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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