Victoria Square

Worksop, S80

An exceptional freehold investment opportunity with a rental potential of £80,346 per annum with a yield in excess 10%.

Property Overview:

This mixed-use site offers a diverse and profitable investment, comprising:

• Five retail units
• Six self-contained flats
• Advertising hoarding
• Shared car park

Situated in a bustling commercial parade within a residential area, the property features over 5,000 sq. ft. of accommodation with a prominent 95-foot frontage.

Current Tenancy Overview:

Ground Floor – Retail Units

• Moo Lab (Unit 5) – £833 pcm
• Unit 7-9 – £800 pcm
• Best Mini Mart (Unit 11) – £650 pcm
• Fone and Smoke (Unit 13) – £650 pcm
  Total Commercial Income: £35,196 per annum

Upper Floors – Residential Flats

All six flats are large, self-contained, and fully let under assured shorthold tenancies:

• Flat 5A – £600 pcm (3-bedroom)
• Flat 7A – £650 pcm (3-bedroom)
• Flat 9A – £675 pcm (4-bedroom)
• Flat 11A – £600 pcm (3-bedroom)
• Flat 13A – £450 pcm (1-bedroom)
• Flat 13B – £475 pcm (1-bedroom)
  Total Residential Income: £41,400 per annum

Advertising Hoarding

• Positioned on the left-hand gable wall
• Rental Income: £3,750 per annum

Shared Car Park

Convenient parking area accessible to tenants and visitors.

Key Features:

• Total Annual Income: £80,346
• Yield: Over 10%
• Situated in a high-demand area surrounded by commercial and residential properties
• Ready-to-go income stream with long-term potential

EPC rating: Unknown. Council tax band: X,