Redevelopment Opportunity Arises at Former Furniture Store in Mickleover  

A rare opportunity has arisen to acquire a mixed-use development property within Mickleover.

The property comprises the well-known Finewood Studios furniture store on Station Road, Mickleover which had previously been converted from former cottages to a substantial retail showroom over two floors with an additional residential dwelling to the rear providing five-bedroom accommodation again over two storeys.

Subject to planning, the property would be suitable for a mixed-use scheme to include retail space at ground floor level and residential above. Alternatively there is potential to convert back to residential use in its entirety with there being a particular demand for apartments / HMO accommodation across the region.

The accommodation has been measured on a Net Internal Area basis in accordance with the RICS Code of Measuring Practice (sixth edition) is as follows:

Retail Accommodation: 4,152 sqft / 385.7 sqm

  • Ground floor retail: 2,722 sqft / 252.9 sqm
  • First floor retail: 1,430 sqft / 132.92 sqm

House: 1,879 sqft / 174.57 sqm

  • Ground floor living room: 512.9 sqft / 47.6 sqm
  • Ground floor reception room: 158.4 sqft / 14.72 sqm
  • Ground floor kitchen: 296.4 sqft / 27.54 sqm
  • Ground floor utility: 36.8 sqft / 3.42 sqm
  • First floor bathroom: 151.5 sqft / 14.08 sqm
  • First floor bedroom: 159.5 sqft / 14.82 sqm
  • First floor bedroom: 121.7 sqft / 11.31 sqm
  • First floor bedroom: 82.6 sqft / 7.68 sqm
  • First floor bedroom: 168.3 sqft / 15.64 sqm
  • First floor bedroom: 191.1 sqft / 17.76 sqm

The premises is available for sale on a freehold basis with the vendor accepting offers in excess of £850,000.

This is the type of mixed-use development which is well sought after and being situated in such a popular location, we anticipate a good level of interest.

Get in touch with our property experts today on 01332 292825.


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