Summary - 201a, Station Road, Shirebrook NG20 8AF
1 bed 2 bath Commercial Property
Compact high-street unit with rental income and food-use potential.
Freehold mixed-use mid-terrace, 519 sq ft total
A mixed-use mid-terrace on Station Road offering a ground-floor commercial unit with extraction and a separately-let one-bedroom flat above. The flat has been recently updated and currently produces £475 pcm, while the shop retains a counter, rear store, WC and a shuttered rear access — suitable for food use or other retail operations. Both units have their own gas boilers and independent heating systems, linked only by an alarm.
The property is offered freehold and occupies an average-sized footprint (about 519 sq ft). Its high-street location places it among everyday amenities and public transport links, making it a straightforward local investment for an operator who wants living accommodation above their business or a landlord seeking a compact two-income asset.
Important negatives are plain: the area scores as deprived with higher-than-average crime and constrained rental market indicators, and the building is a mid-20th-century terrace with solid brick walls (likely uninsulated) and some dated internal finishes in parts. The plot is small and there is no garden or parking. Prospective buyers should note online planning activity referenced but no detailed permissions supplied.
Overall, this is a practical, low-entry-cost freehold for an investor or small business owner who prioritises location and immediate rental income over long-term capital improvement. The ground-floor extraction and security shutter keep options open for food or takeaway use, but expect modest yields and plan for basic maintenance or modernization where required.
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