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BTG Eddisons · 28 Oct 2026 · in 9 days

Single Storey Premises

116 Victoria Road, Netherfield, Nottingham NG4 2HQ · East Midlands

LiveMixed-useFreeholdVacant

Single Storey Premises
Guide
£12,000
Rent a year
≈£1,100est.
Yield on the guide
≈9.1%est.
Payback
≈11 yrs
Net yield, after buying costs
🔒 With access
Likely to sell for
🔒 With access
Energy rating
Not published

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

The cost breakdown and net yield: included with access, £49 a month. Start with a free account.

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What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

The likely sale range: included with access, £49 a month. Start with a free account.

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Energy rating

BTG Eddisons 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.

How it compares

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History

  • First listed on Cornerlot 16 Oct 2026.

BTG Eddisons' record

BTG Eddisons' results: included with access, £49 a month. Start with a free account.

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About the lot

Freehold mixed use lot in Nottingham. Offered vacant, so there's no income from day one.

Lot 263, Commercial Property. Single Storey Premises. Former Retail Unit. Full Programme of Refurbishment Required. Opportunity to Refurbish to Own Requirements (STPP). Thought Suitable for Investors and Developers. Situated in Netherfield close to the Local Amenities. EPC Rating: Awaited. Available is this freehold former retail unit, requiring a complete programme of refurbishment. This single storey premises is situated on Victoria Road in Netherfield, Nottingham. It provides an excellent opportunity for investors, developers for those looking to acquire a commercial building with potential for alternative uses. Subject to necessary planning permissions. The property comprises a single-storey brick-built building occupying a position directly fronting Victoria Road. Access is provided from the pavement through the main entrance door, with a window to the front elevation allowing natural light into the accommodation. Internally, the property offers an open-plan commercial space which has previously been used for retail purposes and now requires a complete programme of refurbishment and modernisation throughout. We believe the property will be of particular interest to investors, developers and those looking for a commercial premises they can refurbish to their own requirements. There is potential for the building to be brought back into commercial use, whilst purchasers may also wish to investigate the possibility of a change of use or redevelopment, subject to obtaining the necessary planning permissions, building regulations approval and any other required consents. The property is situated in Netherfield, an established residential and commercial area to the east of Nottingham. Victoria Road is conveniently positioned for access to the local shops, amenities and services available within Netherfield and the neighbouring area of Carlton. There are also transport connections providing access to Nottingham city centre and the surrounding areas, including Colwick, Gedling and Burton Joyce. The building is offered for sale on a freehold basis with vacant possession and benefits from direct street access, although there is no outside space included with the property. Given its current condition, prospective purchasers should make their own enquiries regarding the extent of the refurbishment works required, the availability of services and the suitability of the premises for their intended use. We strongly recommend that interested parties arrange a viewing to appreciate the accommodation, condition and opportunities this property has to offer. Occupancy: Vacant possession upon completion. Accommodation: Retail Unit 10'7" x 10'9" approx (3.23 x 3.29 approx) Tenure: Freehold Occupancy: Vacant possession upon completion General: Potential May be suitable for alternative uses, subject to obtaining the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing…

Figures come from BTG Eddisons' 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.