Commercial Property For Sale

Belvoir are delighted to bring to market this fantastic investment opportunity located on Gibb Street, Long Eaton. Offering excellent potential for investors, developers, or owner-occupiers, this substantial mixed-use property comprises two commercial units to the ground floor and a first-floor space with planning permission granted to be converted into a one-bedroom flat.

Situated in the heart of Long Eaton, the property benefits from a highly convenient location just a short distance from Long Eaton town centre, providing easy access to a range of local shops, amenities, cafés, and services. The property is also ideally positioned for commuters, with excellent transport links nearby including regular bus routes, Long Eaton train station, and quick access to the A52, connecting directly to both Derby and Nottingham.

The ground floor offers two versatile commercial units which could lend themselves to a variety of uses, subject to any necessary permissions. Whether for retail, office, studio, or service-based businesses, the units provide flexible accommodation with excellent potential for refurbishment and improvement.

To the rear of the property, there is the added benefit of off-road parking for two vehicles, a valuable feature for both commercial and future residential occupants.

The first floor currently offers spacious accommodation with planning permission already granted for conversion into a one-bedroom flat. Access is provided via a shared staircase with the neighbouring property. The upstairs accommodation requires modernisation throughout but provides an excellent opportunity for buyers to add value and create an attractive residential dwelling.

This property offers huge scope and flexibility for those seeking a mixed-use investment in a well-connected and popular location. Early viewing is highly recommended to fully appreciate the potential on offer.

Please call our office today to arrange a viewing.

Disclaimer

These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Belvoir nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services. EPC rating: Unknown. Council tax band: X, Tenure: Freehold,