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Guide price
£50,000

Mixed use for sale

48 and 48A Main Street, Mexborough, South Yorkshire S64 9DU
Auction
Mixed use
2 beds
Added today

Key information

TenureFreehold
Council taxAsk agent

Features and description

Auction Commencing on Monday 30th March at 1pm and ending 24 hours later on Tuesday 31st March from 1pm with Auction House South Yorkshire

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

FREEHOLD MIXED-USE INVESTMENT – TWO INCOME STREAMS

An excellent opportunity to acquire this freehold mixed-use property prominently positioned on Main Street, comprising a ground floor retail unit and a self-contained two-bedroom first floor apartment, both currently let and generating immediate income.

Investment Summary

Freehold
Ground floor shop – Let at £325 pcm (£3,900 per annum)
First floor 2-bed flat – Let at £425 pcm (£5,100 per annum)
Total current income: £750 pcm (£9,000 per annum)
Two separate income streams
Established high street location

Ground Floor – Retail Unit (Shop floorplan to follow.)

The ground floor comprises a traditional high street retail unit with prominent frontage onto Main Street, benefiting from pedestrian and passing traffic. The premises are currently tenanted at £325 per calendar month.

First Floor – Two Bedroom Apartment

(Self-contained with separate access)

The first floor flat briefly comprises:

Entrance hall with staircase to landing
Living room (4.11m x 3.66m)
Kitchen (2.10m x 1.79m)
Bathroom (1.83m x 1.63m)
Bedroom One (3.66m x 3.56m)
Bedroom Two (3.19m x 1.79m)

The apartment is currently let at £425 pcm and provides a well-proportioned two-bedroom layout suitable for long-term tenants.

Location

Situated within the established commercial area of Main Street, Mexborough (S64), the property benefits from a mix of independent retailers, service providers and residential accommodation. The area supports consistent tenant demand for both residential and retail premises.

Auctioneers Note

Freehold title
Sold with tenants in situ
Immediate income-producing asset
Suitable for investors seeking mixed-use diversification

Tenure: Freehold

EPC Rating: 48A - D and 48 - ordered

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.

Visit agent website

Area statistics

Crime score
Moderate crime
6/10

About this agent

Auction House - South Yorkshire
Auction House - South Yorkshire
Blades Enterprise Centre John Street Sheffield, South Yorkshire S2 4SW
0114 488 7177
Full profileProperty listings
Auction House South Yorkshire is the areas up and coming auctioneer, our office is centrally located in Sheffield at Bramall Lane and we service the major population centres in and around Sheffield, Rotherham, Chapeltown and Barnsley, as well as into the edges of the beautiful Peak District. We specialise in the sale of all types of residential properties, vacant or tenanted, and we offer land and commercial lots too. Sale by auction has always been popular and successful in the area, and we can assist with your valuation requirements too. Our service is speedy, personal and professional – call us any time and we would be delighted to assist.
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