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4-12 Gibb St 1,229 sq ft Retail Unit Offered at £135,000 in Nottingham NG10 1EE
Investment Highlights
- Freehold mixed-use asset
- Two ground-floor commercial units
- Central Long Eaton location
- Planning permission granted for 1-bed flat conversion
- Vacant possession – immediate development potential
- Strong transport connectivity (A52, rail, bus links)
Executive Summary
The property comprises a two-storey mid-terrace building arranged as commercial accommodation at ground floor level with a large first-floor space above. The ground floor provides flexible commercial units suitable for a range of retail, office, studio, or service uses (subject to consent). The first floor offers generous accommodation with planning consent already in place for conversion into a one-bedroom residential unit. While the upper parts require modernisation, the building presents a clear opportunity to enhance rental and capital value through refurbishment and change of use.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Sale Conditions | Auction Sale |
| Tenure | Freehold |
| Sale Type | Investment |
| Tenure | Freehold |
| Sale Conditions | Auction Sale |
Description
This is a substantial mixed-use freehold investment located on Gibb Street, Long Eaton, comprising two ground-floor commercial units with a spacious first floor benefitting from planning permission for conversion into a one-bedroom flat.
Sale Notes
The property is currently vacant and requires modernisation, offering strong value-add and redevelopment potential for investors, developers, or owner-occupiers. Positioned in a central location close to Long Eaton town centre, the asset benefits from excellent transport links including bus routes, Long Eaton railway station, and easy access to the A52 connecting Derby and Nottingham.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 8A | 1,229 sq ft | Retail | £135,000 (£109.85/sq ft) | - |
Unit 8A
| Unit Size |
| 1,229 sq ft |
| Unit Use |
| Retail |
| Price |
| £135,000 (£109.85/sq ft) |
| NOI |
| - |
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Unit 8A
| Unit Size | 1,229 sq ft |
| Unit Use | Retail |
| Price | £135,000 (£109.85/sq ft) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold |
| Sale Conditions | Auction Sale |
| Description | |
| This is a substantial mixed-use freehold investment located on Gibb Street, Long Eaton, comprising two ground-floor commercial units with a spacious first floor benefitting from planning permission for conversion into a one-bedroom flat.</li></ul> | |
| Sale Notes | |
| The property is currently vacant and requires modernisation, offering strong value-add and redevelopment potential for investors, developers, or owner-occupiers. Positioned in a central location close to Long Eaton town centre, the asset benefits from excellent transport links including bus routes, Long Eaton railway station, and easy access to the A52 connecting Derby and Nottingham.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 6,582 sq ft | Floors | 2 |
| Property Type | Retail (Unit) | Typical Floor Size | 3,291 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1921 |
| Costar Property Class | B | Total Plot Size | 0.17 ac |
| Total Property Size | 6,582 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 3,291 sq ft |
| Year Built | 1921 |
| Total Plot Size | 0.17 ac |
Amenities
- Security System
- Storage Space
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Nearby Major Retailers
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4-12 Gibb St
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