Guide price
£99,500
1 bed property for saleChilwell Road, Beeston, Nottingham NG9
1 bed
Added on
About this property
Auction: 01.10.2026 10:00
Investment & Development Opportunity
Barber shop (5 year lease) currently paying £9k pa
Excellent opportunity to add significant value with 1st floor renovation
Mixed Use Investment (Rear parking included
Located within a thriving and popular high street area in Nottingham
1st floor 1 beds flat with scope for loft conversion STPP
Potential yearly rental income in the region of £20
***For Sale Via Auction 1st October 2026***
A ground floor Barber shop and and a vacant 1st floor flat requiring some cosmetic upgrading but also offering development potential to convert the open loft space (STPP)
An excellent mixed use investment property with huge development potential to renovate & convert the upper floors. Ground floor Barber shop in situ for a number of years and currently on a 5-year lease paying £9k per annum in rent.
This seldom available property is nestled within the thriving high street of Beeston, is within a highly sought after area with a wide range of shops, local amenities and transport links with the Tram on its doorstep.
The property comes with parking and has a vacant 1st floor flat requiring some cosmetic upgrading but also offering development potential to convert the open loft space (STPP) and could become either 2 flats or a 3-bedroom flat, further enhancing the rental potential of the property
Viewings are available to fully appreciate the opportunity on offer, please contact our offices for details
Accommodation
Accommodation
Shop / Retail Area with rear hall, WC & parking
1st floor Lounge
1st Floor Bedroom
1st Floor Kitchen
1st Floor Bathroom
2nd floor loft space potential to convert
Auction Details
The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:
• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% inc. VAT of the purchase price (subject to a minimum of £6,000 inc. VAT)
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
Note
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
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