470 Vernon Rd 659 sq ft Retail Property Nottingham NG6 0AT £145,000 (£220.03/sq ft)

Robert Ellis are pleased to bring to the market this unique opportunity. Located in the residential area of Basford, this prominent freehold commercial unit fronts a busy road, making it a prime spot for various business opportunities. The property includes a large ground-floor retail space previously used as a Pizza/Kebab takeaway retail shop. The ground floor features a shop front unit with a counter and kitchen area, two kitchens and a bathroom. Additional features include a cellar, a rear yard, and two separate storage/office rooms above the retail space. The previous rental income was £1,100 per month, totalling £13,200 annually. This property offers a flexible investment opportunity with potential for further development, subject to receiving the relevant planning and building regulation approvals. The property is also being sold with the benefit of no upward chain, facilitating a smooth purchase process. The location of this property ensures high visibility and foot traffic, essential for a thriving business. Its versatile layout makes it suitable for various commercial uses beyond a takeaway, such as retail, office space, or mixed-use development (SSTP). There is also significant potential to reconfigure or expand the property, enhancing its value.