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Upper Regent Street., Mansfield, Nottinghamshire NG18 1SS

Guide Price
£350,000
Auction House, Covering Notts & Derby
PROPERTY TYPE

Mixed Use

SIZE

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Description

Auction Date Commencing on Monday 26th October 2026 at 1pm and ending 24 hours later on Tuesday 26th October 2026 from 11am with Auction House Notts and Derby

Please register to bid via our website - auctionhouse.co.uk/nottsandderby

Substantial mixed-use town centre investment comprising four ground-floor commercial units, two currently let producing £29,210 per annum, together with extensive vacant former office accommodation above and significant income and development potential, subject to consents.

An exciting opportunity to acquire a substantial mixed-use commercial investment occupying a prominent position on Upper Regent Street in Mansfield town centre.

The property comprises 6, 8, 10, 12 & 14 Regent Street, Mansfield, NG18 1SS, collectively known as Upper Regent Street.

The accommodation extends across an impressive building comprising four commercial units at ground-floor level, together with a substantial former office premises across the upper floors, offering considerable space and potential for an incoming purchaser, subject to any necessary consents.

Of the four ground-floor commercial units, two are currently let and income producing, while the remaining two are vacant.

The current tenancies comprise:

Commercial Unit 1 – let on a 21-year lease, producing £15,210 per annum. Lease expiry date to be confirmed.

Commercial Unit 2 – let on a six-year lease running until March 2030, producing £14,000 per annum.

The existing rental income therefore totals £29,210 per annum.

The two currently vacant commercial units were most recently let at £8,500 per annum and £10,000 per annum respectively, demonstrating the potential to increase the overall rental income through reletting.

With its combination of existing income, vacant commercial accommodation and extensive former office space above, Upper Regent Street presents an excellent opportunity for investors, developers and owner-occupiers seeking a substantial town-centre asset with significant future potential.

Viewings are highly recommended and available by appointment. Please contact Auction House to arrange access.

Floor plans and further documentation are available within the legal pack via the property listing on our website.

Tenure and full lease information should be confirmed by reference to the legal pack prior to bidding.

Tenure: Freehold

Administration Fee: £3600 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Upper Regent Street., Mansfield, Nottinghamshire NG18 1SS

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Mansfield Station0.2 miles
  • Mansfield Woodhouse Station1.3 miles
  • Sutton Parkway Station3.0 miles
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About Auction House, Covering Notts & Derby

Courtyard Business Centre Southwold Drive, Wollaton, Nottingham, NG8 1PA

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 202608281127sq_m9c4_copy_2026-09-30_113410. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, Covering Notts & Derby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Covering Notts & Derby on 0115 647 1752.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”