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Retail/Shop

Retail/Shop For Sale Worksop

PROPERTY ID: 149822

PROPERTY TYPE

Retail/Shop

STATUS

Available

SIZE

sq.ft

Key Features

Freehold development project
Planning Consent for 5 x 1 bed and 1 x 2 bedroom flats
Ground floor let on a 5-year lease @ £15k per annum
Prominent town centre location
Available immediately

Property Details

Former Bank For Sale in Worksop Town Centre with PP for development

Guide price - £395,000

83m2 Commercial + 280m2 Residential

Tenure - Freehold
Price - £395,000
Business Rates - Upon Enquiry
VAT - TBC
Planning - GF Commercial + 5 x 1 bed and 1 x 2 bed flats
Legal Fees - Each party to bear their own costs
EPC Rating - D (85)

23/25 Bridge St is a former HSBC bank set over two floors. The ground floor retail space is let on a 5 year lease from 2025 and operates as a vape shop - the current rent is £15k per annum increasing in year 3 to £18k.
The planning approved for the unit offers the conversion of part ground floor and the upper floors, providing 5 x 1 bedroom flats and 1 x 2 bedroom flat. plans available upon request.

Worksop is located approximately 45km (28 miles) north of Nottingham and 32km (20 miles) south-east of Sheffield. The town benefits from good communication links, with the A57 providing connections to both the M1 Motorway and A1 dual carriageway. The property is situated in a prominent corner position opposite Barclays Bank. Occupiers close by include Boots, Greggs, Clintons and Holland & Barrett.

Ground floor retail space - circa 800 sq ft.
Planning permission and drawings allow for 3 x 1 bedroom flats on the ground floor, with 2 x 1 beds and 1 x 2 bedroom flats on the first floor.

Offered for sale freehold as a development project, with ground floor commercial investment in place.

We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent.

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About the Agent

P & F Commercial

See Agent's Other Properties

Retail - 23 Bridge Street Worksop, S80 1DR

£395,000 Freehold

23 Bridge Street Worksop, S80 1DR, Worksop, S80 1DR
Retail/Shop - Available
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