Auction House Online · 27 Oct 2026 · in 8 days
Substantial mixed-use town centre investment comprising four ground-floor commercial units, two currently let producing £29,210 per annum, together with…
Upper Regent Street., Mansfield, Nottinghamshire, NG18 1SS · East Midlands
LiveMixed-useFreeholdLet
- Guide
- £350,000
- Rent a year
- £29,210
- Yield on the guide
- 8.3%
- Payback
- 12 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
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Auction House Online hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.
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- First listed on Cornerlot 11 Oct 2026.
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Create an accountAbout the lot
Freehold mixed use lot in Mansfield. Producing £29,210 a year, a 8.3% gross yield at the guide.
Lot -. Substantial mixed-use town centre investment comprising four ground-floor commercial units, two currently let producing £29,210 per annum, together with extensive vacant former office accommodation above and significant income and development potential, subject to consents. An exciting opportunity to acquire a substantial mixed-use commercial investment occupying a prominent position on Upper Regent Street in Mansfield town centre. The property comprises 6, 8, 10, 12 & 14 Regent Street, Mansfield, NG18 1SS, collectively known as Upper Regent Street. The accommodation extends across an impressive building comprising four commercial units at ground-floor level, together with a substantial former office premises across the upper floors, offering considerable space and potential for an incoming purchaser, subject to any necessary consents. Of the four ground-floor commercial units, two are currently let and income producing, while the remaining two are vacant. The current tenancies comprise: Commercial Unit 1 – let on a 21-year lease, producing £15,210 per annum. Lease expiry date to be confirmed. Commercial Unit 2 – let on a six-year lease running until March 2030, producing £14,000 per annum. The existing rental income therefore totals £29,210 per annum. The two currently vacant commercial units were most recently let at £8,500 per annum and £10,000 per annum respectively, demonstrating the potential to increase the overall rental income through reletting. With its combination of existing income, vacant commercial accommodation and extensive former office space above, Upper Regent Street presents an excellent opportunity for investors, developers and owner-occupiers seeking a substantial town-centre asset with significant future potential. Viewings are highly recommended and available by appointment. Please contact Auction House to arrange access. Floor plans and further documentation are available within the legal pack via the property listing on our website. Tenure and full lease information should be confirmed by reference to the legal pack prior to bidding. Tenure: Freehold <div class="row no-margin
Figures come from Auction House Online's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.