Property

Chester House, 2-6 Mansfield Road, Eastwood, Nottingham NG16 3AQ

Guide Price £130,000 plus

for sale under an auction contract.

Occupying a prominent position on bustling Mansfield Road in the heart of Eastwood, NG16, Chester House represents a rare opportunity to acquire a substantial freehold commercial premises with remarkable flexibility and investment potential. Arranged over three well-proportioned floors, this attractive period building benefits from eye-catching double frontage and ornate sash windows, presenting an inviting face to passing trade.

*Property Overview*
The ground floor is currently configured as commercial space with street-level shop fronts, offering excellent visibility amid a lively mix of neighbouring businesses. Above, the upper two floors are laid out as four generously sized, serviced office suites, each benefiting from excellent natural light, modern carpeting, and well-maintained décor. Individual rooms present open, bright workspaces with large windows, ample radiators, and integrated power points. Each office benefits from fresh, neutral walls and a selection of built-in storage units or shelving, making them move-in ready for immediate occupation or attractive to prospective tenants.

Shared kitchen and WC facilities are available, all finished in a clean, practical style, ensuring convenience for staff or office users. Central staircases with classic balustrading connect the floors while maintaining the building's period charm.

*Development Potential*
With vacant possession upon completion, this property provides outstanding scope for continued commercial use or residential conversion (subject to the necessary consents). Investors will be drawn by the potential income yield of approximately £25,320 per annum, as well as the prospect to upgrade, refurbish or adapt the layout to suit a variety of business types or rental strategies.

*Location & Amenities*
Eastwood is a vibrant Nottinghamshire town with a rich literary heritage and excellent local amenities. The property is well placed, just steps from several cafes, restaurants, and shops—including Mario’s and Morrisons, visible from many office windows.

Commuters and visitors benefit from strong transport connections: Langley Mill Station and Ilkeston Station are both easily accessible for rail links. The area is also exceptionally well served for education, with respected institutions nearby such as Hall Park Academy, Springbank Academy, and Lawrence View Primary and Nursery School.

*Key Features*
- Freehold commercial property over three floors
- Offered with vacant possession
- Ground floor retail frontages and four bright, flexible office suites above
- Well-presented communal kitchen and WC facilities
- Central location with excellent passing trade
- Easy access to shops, dining, public transport, and schools
- Huge potential for residential conversion (STP)
- Potential annual rental income circa £25,320
- For sale by auction – immediate investment opportunity

This is a true blank canvas for the discerning investor or business owner, blending period charm with functional modern spaces in an unbeatable central location. Early viewing is highly recommended to fully appreciate the scale and scope Chester House has to offer.

*Enquire now to arrange your personal viewing and unlock the full potential of this outstanding commercial property.*

Buyers Premium

A buyer’s premium is an additional charge that successful bidders are required to pay on top of their final bid price at a property auction. This fee is typically a percentage of the final bid and is paid directly to the auction house. It serves as a kind of commission for the auctioneer’s services. The exact percentage can vary depending on the auction house. At Palace Auctions our buyers premium on Property (Real Estate sales) is normally £5000 plus vat. It is usually clearly stated in the auction’s terms and conditions. It’s crucial for bidders to factor in the buyer’s premium when determining their maximum bid, as it significantly affects the total cost of the property.