Auction Property 6483 sqft  Retail 

Main Street, Bulwell, Nottingham

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Features

  • Auction Date: 23rd & 24th October 2019
  • Substantial high street retail unit
  • Potential for mixed use redevelopment (STP)
  • Land and outbuildings to rear of property
  • Freehold with vacant possession
  • Approx. site area 0.35 acres
  • Total floor area 585.5 sq m/ 6302 sq ft
  • High street location
  • Fully glazed frontage
  • Nearby Occupiers: Tesco, Argos and Wilkinson’s

Address

50-52 Main StreetBulwellNottinghamNottinghamshireNG6 8EW
Details
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Property Details

•Auction Date: 23rd & 24th October 2019
•Substantial high street retail unit
•Potential for mixed use redevelopment (STP)
•Land and outbuildings to rear of property
•Freehold with vacant possession
•Approx. site area 0.35 acres
•Total floor area 585.5 sq m/ 6302 sq ft

A rare opportunity to purchase a substantial retail unit on Main street Bulwell. The accommodation is arranged over three storeys, offering good mixed use re-development potential (STP). To the rear of the property there is a large detached outbuilding and a good size yard area.

The property is located on a pedestrianised high street in the heart of Bulwell. Nearby occupiers include the likes of Argos, Boots, Tesco and Wilkinson’s. Bulwell Bus Station and Bulwell Tram Stop is located approximately 0.1 miles from the property.

This unit has the benefit of fully glazed frontage with electric roller shutter doors.

The ground floor is predominantly open plan retail space which has been sectioned off with partition walls to make two retail spaces. There is a roller shutter door to the side of the property for delivery of stock.

Access to the second and third floors is currently through the retail unit, however there is an external staircase to the side of the property, which also provides separate access to the second floor.

The property benefits from the opportunity to redevelop the second and third floors into residential accommodation, subject to the relevant planning consents being obtained.

Accomodation

G.F Retail – 252.3 m2 / 2,716 ft2
G.F. Office – 17.9 m2 / 192 ft2
F.F Retail/Storage – 240.3 m2 / 2,586 ft2
S.F Storage – 75 m2 / 807 ft2

Total – 585.5 m2 / 6301 ft2

Services

We understand the property to have mains electricity, water and drainage.

Tenure

Freehold with vacant possession.

Guide Price

£325,000 +

Buyer's Premium

2% (min. £3,600) inc. VAT

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