Commercial property, Eastwood, Nottinghamshire, Potential gross income, Commercial pharmacy, Serviced offices, Morrison Supermarket complex, Investment opportunity, Auction, Residential conversion, 10% deposit, 2% buyers premium, Chester House, Church Walk Pharmacy, Potential rental income, Serviced offices, Shared kitchens, High rental income, Auctioneer's contract, Sales and inquiries team,

Welcome to Chester House and Church Walk Pharmacy, a three-story commercial property located at 26 Mansfield Road, Eastwood, Nottinghamshire, N163 AQ. With a guide price of £60,000, this property presents an ideal investment opportunity. The property is partly vacant and partly let, with a potential gross income of approximately £25,000 when fully let. The ground floor is home to a commercial pharmacy, while the first floor offers four serviced offices, two shared kitchens, and three other shared rooms. The property is in a prime location, just 400 yards from the Morrison Supermarket complex and surrounded by other local businesses. The estimated rental value of each office is £90 per week, or £4,680 per month. The total estimated rental income once fully let is approximately £2,320 per month. The upper floors could potentially be converted to residential flats under permitted development. The auctioneer's contract applies under the fall of the hammer. The purchaser is expected to pay a 10% deposit in addition to a buyer's premium of 2% of the sale price and a minimum of £4,000 plus VAT upon exchange of contracts. For further inquiries, contact the sales and inquiries team at 07718 93317 or 07971 33276, or email at [email protected].

Commercial property, Eastwood, Nottinghamshire, Potential gross income, Commercial pharmacy, Serviced offices, Morrison Supermarket complex, Investment opportunity, Auction, Residential conversion, 10% deposit, 2% buyers premium, Chester House, Church Walk Pharmacy, Potential rental income, Serviced offices, Shared kitchens, High rental income, Auctioneer's contract, Sales and inquiries team


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