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4-12 Gibb St 1,229 SF Retail Condo Unit Offered at $180,771 in Nottingham NG10 1EE
Investment Highlights
- Freehold mixed-use asset
- Two ground-floor commercial units
- Central Long Eaton location
- Planning permission granted for 1-bed flat conversion
- Vacant possession – immediate development potential
- Strong transport connectivity (A52, rail, bus links)
Executive Summary
The property comprises a two-storey mid-terrace building arranged as commercial accommodation at ground floor level with a large first-floor space above. The ground floor provides flexible commercial units suitable for a range of retail, office, studio, or service uses (subject to consent). The first floor offers generous accommodation with planning consent already in place for conversion into a one-bedroom residential unit. While the upper parts require modernisation, the building presents a clear opportunity to enhance rental and capital value through refurbishment and change of use.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Sale Conditions | Auction Sale |
| Tenure | Freehold |
| Sale Type | Investment |
| Tenure | Freehold |
| Sale Conditions | Auction Sale |
Description
This is a substantial mixed-use freehold investment located on Gibb Street, Long Eaton, comprising two ground-floor commercial units with a spacious first floor benefitting from planning permission for conversion into a one-bedroom flat.
Sale Notes
The property is currently vacant and requires modernisation, offering strong value-add and redevelopment potential for investors, developers, or owner-occupiers. Positioned in a central location close to Long Eaton town centre, the asset benefits from excellent transport links including bus routes, Long Eaton railway station, and easy access to the A52 connecting Derby and Nottingham.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 8A | 1,229 SF | Retail | $180,771 ($147.09/SF) | - |
Unit 8A
| Unit Size |
| 1,229 SF |
| Condo Use |
| Retail |
| Price |
| $180,771 ($147.09/SF) |
| NOI |
| - |
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Unit 8A
| Unit Size | 1,229 SF |
| Condo Use | Retail |
| Price | $180,771 ($147.09/SF) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold |
| Sale Conditions | Auction Sale |
| Description | |
| This is a substantial mixed-use freehold investment located on Gibb Street, Long Eaton, comprising two ground-floor commercial units with a spacious first floor benefitting from planning permission for conversion into a one-bedroom flat.</li></ul> | |
| Sale Notes | |
| The property is currently vacant and requires modernisation, offering strong value-add and redevelopment potential for investors, developers, or owner-occupiers. Positioned in a central location close to Long Eaton town centre, the asset benefits from excellent transport links including bus routes, Long Eaton railway station, and easy access to the A52 connecting Derby and Nottingham.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 6,582 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 3,291 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1921 |
| Building Class | B | Lot Size | 0.17 AC |
| Total Building Size | 6,582 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 3,291 SF |
| Year Built | 1921 |
| Lot Size | 0.17 AC |
Amenities
- Security System
- Storage Space
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Nearby Major Retailers
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4-12 Gibb St
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