Summary - 35a Mill Street, Clowne S43 4JN
1 bed 1 bath Commercial Property
Freehold shop with two flats, sitting tenant and refurbishment potential in Clowne.
Freehold mixed-use building in central Mill Street location
A rare freehold mixed-use opportunity in the heart of Clowne’s busy shopping parade, offered chain free. The ground-floor shop spans approximately 14.4m x 4.05m with an office and WC, currently trading as a curtain and blind manufacture — immediate rental income potential for investors. Two self-contained residential units above include a studio (used as a sewing room) and a one/two-bedroom flat over two floors, both with gas central heating. The flat is let with a sitting tenant, providing an established income stream.
The building dates from the early 20th century and retains period character: high ceilings, large windows and solid brick walls. Practical features include mains gas heating, UPVC double glazing (unknown install date) and a roof terrace that offers limited outside space. The property is compact on a small plot, with no garden, and lies in a commuter-friendly location with easy access to M1 J30. Council Tax band A keeps local charges low.
Considerations for buyers: the building appears to have solid brick walls with no obvious insulation and broadband speeds in the area are slow — improvements may be needed to modernise energy performance and tenant amenity. The sitting tenant in the flat means vacant possession is not immediate. Investors should allow for typical maintenance and potential refurbishment to maximise rental yield or to reconfigure spaces.
Overall this is a practical buy-to-let or small portfolio addition for purchasers seeking an income-producing freehold in a stable market town, with clear scope to add value through refurbishment and energy upgrades.
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