678/678a Mansfield Road, Sherwood, Nottingham, NG5 2GE
Size
1,407
Tenure
Freehold
EPC
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Parking
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- Primary use
- High street retail
- Other use(s)
- Other
- Frontage
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No floor / site plan
Key features
- A guide price of £200,000 which reflects a net initial yield of 9.16% allowing for standard purchaser costs
- Total rental income of £18,750 per annum
- Long term tenants in situ
- Added benefit of first floor flat
- Prominent position on busy thoroughfare
- Great transport links
Description
The rear further provides access to a self-contained flat over the first and second floors. The flat compromises 3 double bedrooms, carpeted and painted plaster throughout and bathroom, kitchen facilities.
The property is located in a prominent position on the A60, Mansfield Road, one of the principal routes into Nottingham City Centre and prime retail throughfare in Sherwood.
The premises are situated on the busy and popular Sherwood Retail High Street, with other occupiers including Birds Bakery, Co-op and a variety of local independent retailers.
The location also benefits from several free public car parks, together with on-street parking bays in front of the property.
All mains services are evident within the property, but we can provide no warranty with regard to the capacity or connectivity.
Charging Authority: Amber Valley Borough Councill
Description: Shop and Premises
Rateable Value: £9,900
Period: 2026/27
Freehold subject to and with the benefit of the occupational leases.
A guide price of £200,000 which reflects a net initial yield of 9.16% allowing for standard purchaser costs.
VAT is applicable to the price at the prevailing rate.
Each party will be responsible for their own legal costs incurred in documenting the transaction.
In accordance with Anti-Money Laundering Regulations, two forms of I.D. and confirmation of the source of funding will be required from the successful purchaser.
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
678/678a Mansfield Road, Sherwood, Nottingham, NG5 2GE
About NG Property Consultants Ltd, Nottingham
NG is a leading firm of Chartered Surveyors, established in 1980 in Nottingham. We are still invested in Nottingham and remain deeply committed to the East Midlands.
With huge experience and extensive knowledge, we are here to help and guide you through your commercial property journey. At NG we understand the importance of technology and what that offers our business, as well as yours, allowing us to stay ahead of the game and continue to be at the forefront of the commercial market in the East Midlands.
We provide a wide range of industrial and commercial property services to an extensive portfolio of local and national clients, many of whom have been loyal to us for years.
Our services include:
Acquisitions
Commercial Property Investment
Commercial Property Development
Commercial Property Agency
Property Management
Residential Block Management
Commercial Property Valuations
Residential Property Valuations
Schedules of Dilapidations
Schedules of Condition
Our success comes from a quiet determination to do the finest job we can. Never complacent, we treat every client as if they were our first and know how to build lasting businesses relationships.
NG works to the highest standards of service and professionalism. All our Surveyors and directors are members of the Royal Institution of Chartered Surveyors.
Whilst it is something of a cliché, our people are talented, dedicated and have a strong team spirit. Our expert team specialise in specific areas and we will always ensure you are liaising with an expert in their field. We are pride ourselves on being different, from diverse backgrounds and our family feel ensures we don't come across as corporate, we take the personalised approach in everything we do.
Clients trust our advice, which combines detailed knowledge with experience and, very importantly, honesty. We build lasting relationships with clients and many repay us with the greatest compliment of all - by returning to do more business, year after year.
Contact us today to find out more about any of the properties shown or if you have a general query or question, the team will be here to help and support you.
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Disclaimer - Property reference 384772-1. 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 NG Property Consultants Ltd, 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.