**Standout Features:**
- Prime town centre location in Mansfield
- Mixed-use investment with ground floor retail and 12 newly converted apartments
- Tenured retail unit: Greggs plc with a rental income of £28,000 (lease until 2027)
- Vacant retail space with an estimated rental value (ERV) of £40,000
- Total expected rental income for residential units: £165,000 - £177,500 per annum
- Impressive gross yield of 7.85% - 8.45%
- Freehold tenure with a 10-year structural warranty
- Chain-free opportunity
**Summary:**
Discover a lucrative investment with this newly converted mixed-use property located in the vibrant heart of Mansfield’s Marketplace. This contemporary block features a ground-floor retail unit occupied by Greggs plc, ensuring a reliable income stream of £28,000 annually, while a second vacant retail unit presents an exciting opportunity for re-letting with an estimated rental value of £40,000. Above the commercial spaces, 12 stylish apartments have been created, generating a projected rental income of up to £109,500 per year, with the entire project benefiting from modern renovations and a 10-year structural warranty.
Strategically positioned in a bustling pedestrian area, surrounded by leading retailers and amenities, this property not only caters to residential tenancies but also capitalizes on strong foot traffic. Offering significant flexibility for further development or renovations, this freehold opportunity is perfect for savvy investors looking to enhance their portfolios in a growing market. Act quickly to seize this exceptional chance for promising returns, as opportunities like this are rare!
