Council tax band: TBC An excellent mixed-use investment opportunity located on the bustling high street in the heart of Worksop town centre. This attractive property combines a well-established commercial tenant with high-quality residential accommodation above.
The ground floor retail unit is currently occupied by a well-established barber shop trading under a 10-year lease, with 7 years remaining and an annual rental income of £18,000. The tenant has an excellent payment record, having never missed a rental payment throughout their tenancy. The tenant is long-standing and contributes to the vibrant high street atmosphere.
Above the retail space, the property comprises four beautifully presented apartments, consisting of two two-bedroom and two one-bedroom units. Each apartment has been tastefully designed and well maintained, offering a strong and consistent residential income stream. These apartments have never experienced a void period, reflecting their consistent appeal to both individuals and families alike. The generous amount of space and storage provided with each property, ideal for bikes, pushchairs, and everyday essentials, further enhances their practicality and long-term desirability.
To the rear of the property are two private parking spaces, both fitted with electric vehicle charging points. The residential tenants pay £40 per month per space, adding further income to the investment.
In total, the property generates a combined annual income of £48,900, offering an attractive 9.97% yield against the asking price of £490,000.
This is an ideal opportunity for investors seeking a fully let, income-producing freehold in a strong town centre location with excellent long-term potential.BRIDGE STREET & WORKSOP - PRIME MARKET TOWN LIVING Welcome to Bridge Street, situated in the heart of Worksop - a thriving market town offering the perfect blend of traditional charm and modern convenience in North Nottinghamshire. THE LOCATION Bridge Street enjoys an enviable position within Worksop's town centre, placing you mere moments from an excellent array of amenities. This well-established thoroughfare benefits from strong pedestrian footfall and convenient access to the town's primary retail and leisure facilities. SHOPPING & AMENITIES Worksop boasts a comprehensive shopping experience to suit all requirements. The town centre features the Priory Centre, home to national retailers including Wilko, Home Bargains, and Poundland, alongside popular high street names. Bridge Street itself offers characterful independent retailers and traditional shopfronts, whilst nearby you'll find the main shopping precinct with Marks & Spencer, Boots, and Greggs amongst others. For your weekly shop, major supermarkets including Morrisons, Asda, and Tesco are all within easy reach, whilst the historic Worksop Market continues its centuries-old tradition, operating twice weekly. TRANSPORT CONNECTIONS Worksop offers exceptional connectivity - a particular highlight for commuters and those seeking easy access to major centres:
Worksop Railway Station - Direct services to Sheffield (25 minutes), Lincoln, Nottingham, and crucially, London King's Cross (1 hour 50 minutes) via the East Coast Main Line Road Links - A57 and A60 provide swift connections to Sheffield, Nottingham, and the M1 motorway (Junction 30/31) Local Bus Services - Comprehensive routes connecting surrounding villages and neighbouring towns
THE AREA Worksop, affectionately known as the "Gateway to the Dukeries," offers residents a wonderful quality of life with Sherwood Forest, Clumber Park, and numerous National Trust properties on the doorstep. The town provides excellent schools, leisure facilities including the Riverside Sports Centre, and a strong sense of community
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