Prominent Newbold location with tenanted shop and renovation-ready home.
Mixed-use property with shop front and residential upper floors
A rare mixed-use chance in Newbold — an Edwardian shop frontage with a tenanted commercial unit and a spacious two-bedroom home above. The commercial unit is already trading, providing immediate rental income for an investor or part-occupation opportunity for a business owner.
The residential accommodation offers two double bedrooms (plus a small box room), a lounge/diner with original cast-iron fireplaces, kitchen with pantry and a family bathroom. The house is solid-brick Edwardian construction with gas central heating and double glazing, but the living areas require modernisation and cosmetic renovation to reach contemporary standards.
Outside space is a gated rear courtyard with two outbuildings providing storage, but the plot is small and the yard needs maintenance. There is clear potential to add value — either by updating the residential accommodation, reconfiguring the layout or, subject to planning, converting to all-residential (STPP).
Positioned on a prominent stretch of Newbold Road, the property benefits from village amenities, good transport links into Chesterfield and easy access to the Peak District. For investors seeking immediate rent plus refurbishment upside in a popular suburban location, this property represents a practical, characterful opportunity.