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See how verdicts workProperty · NG10 2AA
For saleReduced £25k (−12.5%) on 4 SepListed 319 days
Opportunity summary
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About
Detached business unit for sale in Long Eaton. 104.4 sq. M (1,124 sq. Ft) on two floors with parking to the rear. Previously used as a workshop and showroom but suitable for many other uses.
Available for sale with vacant possession. Ideal for own business use. Additional Storage unit also for sale to rear of Phoenix mills site.
Location The location at Phoenix House, Nottingham Road, Long Eaton NG10 2AA is part of Phoenix Mills, an established commercial area with a mix of industrial and office uses.
It is situated in an industrial hub on the edge of Long Eaton town centre, positioned between Nottingham and Derby. Long Eaton benefits from strong transport connections.
The location provides good road links to the M1 (Junctions 24 and 25), A50, and A52, offering easy access to Nottingham and Derby city centres.
It also has its own train station and reliable local bus services.
Being close to Long Eaton town centre, businesses and employees have convenient access to local amenities, shops, cafes, and restaurants.
Floor Plan The floor plan shows the general arrangement of the property. The Property The ground floor is divided in to two rooms at the front on the ground floor with open plan workshop to the rear.
To the rear of the workshop is a WC. On the first floor there is open large open plan room and two offices. The ownership includes land to the rear of the unit with parking for 2/3 cars.
Gf Front 14.8 sq. M 160 sq. Ft gf Side 12.0 sq. M 129 sq. Ft gf Rear 25.5 sq. M 275 sq. Ft Total Ground 52.4 sq. M 564 sq. Ft ff Open 30.3 sq. M 326 sq. Ft ff Rear 9.4 sq. M 101 sq.
Ft ff Front 12.4 sq. M 134 sq. Ft Total First 52.0 sq. M 560 sq. Ft Total Area 104.4 sq. M 1,124 sq. Ft There is an additional building to the rear of the site that is also available for purchase.
Details on request from CP Walker & Son Use The property was previously used as a workshop and showroom falling within the E Use Class that permits retail, restaurant, office, financial/professional services, indoor sports, medical and nursery uses along with "any other services which it is appropriate to provide in a commercial, business or service locality." Price The property is offered for sale at offers in the region of £200,000 with vacant possession Rates And Buildings Insurance The Rates Payable for 25/26 are estimated at £1,722 (The Rateable Value figure is £3450).
For businesses that qualify for the small business rates relief, there will be a discount reducing the amount payable to £0.
Further Information And Viewings For more information or to view the property, contact Tarn Yung in our Commercial Property Department on Direct Line: Or by email at .
Viewing is by prior arrangement - contact us to arrange an appointment. EPC Rating The EPC Rating is tbc. A copy of the EPC Certificate is available on request. Floorplan Floorplan
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Phoenix House, Nottingham Road, Long Eaton
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