Summary - 72-74, WEST GATE NG18 1RR
1 bed 1 bath Retail Property (high street)
Freehold Grade II retail building with parking — ideal for investor or hands-on occupier prepared to refurbish..
- Prominent town-centre freehold retail building
- Two lock-up shops combined into one three-storey unit
- Rear off-street car parking and WC
- Grade II listed — restrictions and extra costs expected
- External dereliction and overgrown courtyard require repair
- Very high local crime and very deprived area
- Auction sale with buyer’s premium and admin charge
- Fast broadband and excellent mobile signal
A prominent freehold high-street retail building in Mansfield town centre, offered at auction. The property combines two lock-up shops into one unit across three floors, with rear car parking and a WC—features that support immediate trading or tenancy. Fast broadband and excellent mobile signal add practical value for modern retail or café use.
The building is Grade II listed and shows signs of neglect externally, with an overgrown courtyard and areas described as derelict. Listing status will restrict alterations and may increase renovation costs; prospective buyers should review the legal pack and special conditions carefully. The property sits in a very deprived ward with very high recorded crime, factors that will affect footfall and tenant mix.
This suits an investor or owner-occupier prepared for a renovation and comfortable navigating listed-building requirements. The auction sale route, plus additional fees (buyer’s premium, administration charge and possible extra disbursements), means buyers must budget beyond the hammer price. For the right purchaser, the site offers rental potential and ground-floor trading space in a busy retail environment.
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