Immediate income-producing freehold with EV parking and consistent rental returns.
Prime town-centre high street location with strong pedestrian footfall
A fully let, freehold mixed-use building in Worksop town centre producing immediate income. The ground-floor retail unit plus four residential flats yield a combined annual rent of £48,900, supported by two private parking spaces with EV chargers.
This Victorian-fronted property benefits from high pedestrian footfall and town-centre prominence, with well-maintained apartments that have recorded no void periods. The commercial tenant has a reliable payment history, and the asset offers close connectivity to rail links, shops and local amenities — attractive for a hands-off investor seeking near-term returns.
Important: the commercial lease has only seven years remaining. That limited lease term is likely to restrict mortgage finance options or result in higher lending costs; buyers should check lender requirements and factor potential lease renegotiation or extension into acquisition plans.
The building sits in a deprived, high-crime area of Worksop, which may affect long-term capital growth and tenant profiles. The property’s strengths are steady rental income and town-centre location; its drawbacks are short commercial lease length and local area risks that merit careful due diligence.
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