Retail opportunity in heart of Mansfield town centre
Unit recently refurbished
Opposite B&M Bargains and the town's 500 space multi storey car park
100m from Four Seasons Shopping Centre
Potential change of use (subject to consents)
Lot 44
Auction 12th February 2020
Vacant Possession
Status Sold
Price £110,000
Sector High Street Retail
Auction Venue The Montcalm Hotel 2 Wallenberg Place Marble Arch London W1H 7TN
On behalf of a Major Asset Manager
Property Information
Location
Miles
11 miles south-east of Chesterfield
17 miles north of Nottingham
Roads
A38, A60, A617, M1
Rail
Mansfield Railway Station
Air
East Midlands Airport
Situation
Mansfield is a popular market town located midway between Sheffield and Nottingham, benefitting from good communication links, being just 7 miles east of the M1 Motorway (Junction 28). The property occupies a prominent position on Stockwell Gate, less than 100m from the South Mall entrance to the Four Seasons Shopping Centre. B&M Bargains and a 500 space multi storey car park are located directly opposite. Other nearby occupiers include Superdrug, Primark, Card Factory and Pandora.
Tenure
Long Leasehold. Held for a term of 125 years from 04/04/1979 at a peppercorn rent
Location
Miles
11 miles south-east of Chesterfield
17 miles north of Nottingham
Roads
A38, A60, A617, M1
Rail
Mansfield Railway Station
Air
East Midlands Airport
Situation
Mansfield is a popular market town located midway between Sheffield and Nottingham, benefitting from good communication links, being just 7 miles east of the M1 Motorway (Junction 28). The property occupies a prominent position on Stockwell Gate, less than 100m from the South Mall entrance to the Four Seasons Shopping Centre. B&M Bargains and a 500 space multi storey car park are located directly opposite. Other nearby occupiers include Superdrug, Primark, Card Factory and Pandora.
Tenure
Long Leasehold. Held for a term of 125 years from 04/04/1979 at a peppercorn rent
Description
The property comprises a ground floor retail showroom with retail and ancillary accommodation at first floor. The unit has recently undergone a refurbishment programme, with details of this available in the legal pack. There are two parking spaces to the rear of the premises.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band C. Available at acuitus.co.uk
Description
The property comprises a ground floor retail showroom with retail and ancillary accommodation at first floor. The unit has recently undergone a refurbishment programme, with details of this available in the legal pack. There are two parking spaces to the rear of the premises.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band C. Available at acuitus.co.uk
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Possession
Ground First
Retail Retail/Ancillary
327 sq m 301 sq m
(3,520 sq ft) (3,240 sq ft)
VACANT POSSESSION
Total
628 sq m
(6,760 sq ft)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
