Summary - 3, REGENT STREET NG18 1ST
1 bed 1 bath Commercial Property
Low-cost freehold in a busy retail corridor, suitable for investor or operator.
Freehold two-storey retail kiosk in prime town-centre pitch
Ground floor sales 139 sq ft; first floor stores 121 sq ft
ERV stated at £6,600 per annum
For sale by public auction 11/12/2025; guide price £25,000
Requires refurbishment; internal fittings and lighting in poor condition
Located near major retailers and transport links; high footfall location
Area classified very deprived; local crime levels very high
Off-street parking; short walk to train and bus stations
A compact two-storey freehold retail kiosk positioned at a prominent corner near the pedestrianised West Gate, linking the Market Place to the Four Seasons Shopping Centre. The property includes ground-floor sales and first-floor stores with basic staff kitchenette and WC — suitable for a small retail operator or letting to a local trades/service occupier.
The kiosk benefits from very high footfall in a prime town-centre pitch close to national occupiers and public transport hubs. ERV is stated at £6,600 per annum and the freehold is offered for sale by public auction on 11/12/2025 with a guide price of £25,000 — an entry-price purchase for investors or owner-operators seeking a low-cost town-centre asset.
The building is dated and requires refurbishment: internal fittings are run-down, lighting and display shelving need replacement, and overall condition is poor. The area is classified as very deprived with very high local crime levels, which may affect tenant demand and rental values.
This is a clear purchase-for-purpose opportunity for investors seeking a low-cost acquisition to refurbish and re-let, or an owner-operator wanting a compact town-centre base. Buyers should allow for immediate repair and improvement costs and factor in local market challenges when assessing yield and future rental growth potential.
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