Property Details

Guide price - £2,400,000

Company Share Sale

Funding available subject to status

Size - Redlands - 5683 sq ft - 22 rooms
Size - 122 Chesterfield Road - 3207 sq ft - 8 rooms
EPC - C (69/71)
Price - £2,400,000
Sale - Company Share sale
Funding - Available subject to status

Offered for sale in one lot are the 2 properties located in Mansfield.
Redlands - A former care home and converted to a high standard to include 22 all en suite letting bedrooms with on site parking for up to 15 cars. Income £159,252
122-124 Chesterfield Road - 2 dwellings converted into one comprising 8 bedrooms - with parking to the front for 4 cars and communal rear garden. Income £58,380
Total income before costs = £217,632

Mansfield is a large market town and the administrative centre of Mansfield District in Nottinghamshire. It is the largest town in the wider Mansfield Urban Area (followed by Sutton-in-Ashfield). The town lies in the Maun Valley, 12 miles (19 km) north of Nottingham and near Sutton-in-Ashfield. Most of the 106,556 population live in the town itself (including Mansfield Woodhouse), with Warsop as a secondary centre.
122-124 Chesterfield Road - Mansfield - NG19 7JD
Redlands - 7 Rock Hill - Mansfield - NG18 2JP

The properties are being sold by way of a Company share transfer with a guide price of £2.4m.

All mains services are connected to the properties - these services have not been tested by the agent.

The current EPC for Redlands - 7 Rock Road - C (69)
The current EPC for 122-124 Chesterfield Road - C (71)
Copies available on request.

Copies of the relevant licenses are available upon request.