1/14
Auction
£110,000
Commercial Property · 0 beds · 2 baths · 653 sq ft
Gibb Street, Long Eaton, NG10
0.07 miles away
Freehold
1/10
1/10
5 bed property for sale High Street, Long Eaton, NG10
Asking price
£425,000
Added two days ago
Added two days ago
- Bedrooms
- 5
- Bathrooms
- 4
- Tenure
- Ask agent
Key features
- A three storey commercial property located in the heart of Long Eaton’s retail area
- A ground floor shop with staff and living accommodation at the rear
- Two fully refurbished apartments to the first and second floors
- The property is fully let and produces an annual income of around £36,000
- The first floor apartment has three bedrooms, a new kitchen, a large lounge and two shower rooms
- The second floor apartment has two double bedrooms with en-suite shower rooms and an open plan living kitchen
- Efficient new electric heating system and double glazing to both apartments
- Fenced yard with a secure store
- Within walking distance of all the local shops, pubs, including Rowells and York Chambers, and various restaurants
About this property
THIS IS A THREE STOREY, COMMERCIAL BUILDING LOCATED IN THE MAIN RETAIL AREA OF LONG EATON - PRODUCING AN INCOME OF AROUND £36,000PA - The property includes a large shop with staff facilities and a managers living accommodation at the rear, a fully refurbished and updated three bedroom apartment to the first floor and a large lounge/living area, a newly fitted kitchen and two shower rooms. To the second floor there is an apartment providing an open plan newly fitted kitchen/living area and two double bedrooms, both with newly fitted en-suite shower rooms, outside there is a fenced yard area and a locked store and there is parking provided in a public car park located at the rear of the building.THIS IS AN INVESTMENT PROPERTY SITUATED IN THE HEART OF LONG EATON SHOPPING AREA - PRODUCING A TOTAL RENT OF CIRCA £36,000.
Floorplan
Council tax
Ask agent
Per year
- Band A£1,574
- Band B£1,836
- Band C£2,098
- Band D£2,361
- Band E£2,885
- Band F£3,410
- Band G£3,934
- Band H£4,721
The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Erewash, 2026/27 bills run from £1,574 a year in band A to £4,721 in band H.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across Erewash, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.
Location
High Street, Long Eaton, NG10
Mortgage and stamp duty
Property price £425,000
£212k £638k
Deposit10% £43,000
£0 £425k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £382,000 mortgage. Most lenders would want a household income of about £85,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 8, High Street Flat / maisonette | Flat / maisonette | Dec 2024 | n/a | n/a | n/a | £175,000 |
| 10, High Street Flat / maisonette | Flat / maisonette | Mar 2014 | n/a | n/a | n/a | £60,500 |
| 10, High Street Flat / maisonette | Flat / maisonette | Mar 2014 | n/a | n/a | n/a | £45,000 |
| 10, High Street Semi-detached | Semi-detached | Mar 2009 | n/a | n/a | n/a | £184,000 |
| 2, High Street Semi-detached | Semi-detached | Nov 2007 | n/a | n/a | n/a | £300,000 |
| 2c, High Street Terraced | Terraced | Feb 2001 | n/a | n/a | n/a | £96,000 |
Area insights
The neighbourhood around this property.
