Share This Listing

Message

932 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the agent for more information about this property

Investment Highlights

  • Mixed-use retail and residential investment
  • Close to Nelson town centre and local amenities
  • Self-contained first floor flat with attic bedroom

Executive Summary

Mixed-use investment property comprising a ground floor retail shop with a self-contained first floor flat and attic bedroom. The property produces £8,312 per annum and is located within a popular residential area of Nelson.
The shop provides a frontal sales area with rear prep and storage space together with an external WC. The residential accommodation is accessed from the rear and comprises a living room, single bedroom, kitchen and bathroom on the first floor with a further attic bedroom.
Both units are currently let on informal tenancies with long-standing occupiers. The residential tenant has been in occupation since 2017 and the shop tenant since 2020.
The property benefits from separate metering for utilities and a small rear yard.
This represents an affordable mixed-use investment opportunity offering stable income within a well-established residential location close to Nelson town centre and local amenities.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Local Shop
Property Size
536 sq ft
Costar Property Class
B
Year Built
1960
Price
£95,000
Price per sq ft
£177.24
Yield
8.75%
NOI
£8,313
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.62
Total Plot Size
0.02 ac
Parking
1 Spaces (1.87 Spaces per 1,000 sq ft Leased)

Amenities

  • Security System
  • Smoke Detector

Nearby Major Retailers

Farmfoods
Spar
ASDA
Pure Gym
Morrisons
Londis
Lidl
Virgin Money
Barclays
Booths
  • Listing ID: 39790017

  • Date on Market: 16/03/2026

  • Last Updated:

  • Address: 29 Glenfield Rd, Nelson BB9 8AP

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}