Description
Introducing Chester House, an exceptional commercial property situated at 2-6 Mansfield Road in the vibrant heart of Eastwood, Nottinghamshire, NG16 3AQ. This three-level building presents a unique investment opportunity with a promising potential for substantial rental income.
Perfectly positioned on Mansfield Road, near its intersection with Nottingham Road, Chester House enjoys a prime location with high foot traffic, making it an ideal spot for both new and established businesses. The ground floor is currently rented at £550 per month, 1 office on the first floor is let on a flexible lease agreement for £370.00 Per month while the upper floors provide additional serviced office space.
Once fully occupied, Chester House could generate an estimated annual rental income of approximately £25,320, making it an attractive prospect for investors. Furthermore, the upper floors could potentially be converted into residential flats under permitted development, subject to approval from the local planning authority.
Key highlights of Chester House include its three-level layout, part vacant/part let status, and an EPC rating of D. With a freehold tenure and potential income of around £25,000, this property represents a solid investment in a popular and convenient location.
Nestled in Eastwood, Nottinghamshire, Chester House is surrounded by local businesses and amenities, contributing to a lively and bustling atmosphere. Nearby attractions include the D.H. Lawrence Birthplace Museum, Eastwood Hall, and a variety of shops, restaurants, and cafes within walking distance.
Don’t miss this fantastic investment opportunity. Contact us today to arrange a viewing of Chester House and discover its full potential.
BUYER’S PREMIUM Upon the fall of the hammer, the buyer is required to pay a 10% deposit. In addition, a buyer’s premium of 2% of the sale price, a minimum of £5,000 + VAT, is due upon the exchange of the contract. To register to bid with us, we require 2 forms of ID (Passport, Driving Licence) in compliance with the Anti-Money Laundering Act.
For more information, please visit:
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visit-nottinghamshire.co.uk/explore/eastwood