Town-centre commercial lot with rental income and conversion potential for investors.
Approx 1,870 sq ft across four separate units
Prominent detached retail building of approximately 1,870 sq ft arranged as four units, currently producing £17,925 per annum when fully let. The site sits on Mansfield Woodhouse High Street close to national and independent retailers and Morrisons, offering easy town-centre footfall and clear rental upside by re-letting the vacant first-floor office.
The first-floor office is currently vacant and was previously let at £5,000 pa. There is stated potential to convert that floor into two one-bedroom apartments subject to planning permission, which could diversify income or enhance capital value — purchasers should seek pre-application advice from the local planning authority.
This lot will be sold by public online auction, with bidding opening 9th December and closing 10th December 2025. Important commercial details are unresolved or unknown in the particulars: tenure is not stated, Energy Performance Certificates are to be confirmed, and buyers must consult the legal pack for the buyer's premium and any additional fees.
The building sits in an area classified as deprived with a higher local crime level, which may affect lettings and capital growth. The property is large in footprint with a decent plot, giving refurbishment and rental reconfiguration potential for an investor prepared to manage refurbishment and marketing in this location.
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