Summary - GROUND FLOOR, 1-5, MAIN STREET NG6 8QH
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime high street location with prominent storefront on Main Street
- Ground floor retail unit with first floor offices (total GIA: 290 sq m / 3,123 sq ft)
- High traffic area, ensuring excellent visibility and accessibility
- Existing lapsed planning consent for residential conversion of upper floor (3 x 1-bedroom flats)
- Freehold tenure with vacant possession at an attractive price of £250,000
This expansive retail property at 1-5 Main Street, Bulwell offers a unique opportunity for investors or businesses looking to establish themselves in a vibrant community. With a generous space of 3,123 sq ft, the ground floor features an open-plan layout ideal for retail or office use, complemented by rear facilities. The separate entrance to the first-floor offices makes it a flexible space suitable for diverse business needs, including individual office suites and meeting rooms.
Strategically positioned on the bustling high street, this property benefits from substantial foot traffic and proximity to essential amenities, including public transport links and local medical centers. Although the area faces some challenges, the potential for rental income—estimated at £28,000 per annum—coupled with the previous planning consent for residential conversion provides a robust prospect for enhanced future value.
Potential buyers should consider the need for modernization to elevate the interior's appeal and functionality. This property also presents a golden opportunity to capitalize on both commercial and residential markets, making it exclusive in its redevelopment prospects. Don’t miss out on this versatile offering!
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