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Gateford Road, Worksop, Nottinghamshire, S80 1DY

Yorkshire

£115,000

Listed on 16/04/2026

Property details

Bedrooms
N/A
Type
Retail Property (high Street)

Description

This is an exceptional opportunity to acquire a well-known commercial property that has served as the Capelli Hair Salon for around 40 years. Positioned in a prime location, this building not only provides a comprehensive setup for salon operations but also presents considerable potential for redevelopment. The ground floor is designed with efficiency in mind, boasting a spacious salon area with 13 styling stations, a reception area, and six backwash basins, all featuring durable tiled flooring for ease of maintenance. Additional functional spaces include a restroom and storage areas that enhance operational efficiency. Accessed via an elegant wrought iron spiral staircase, the first floor offers extensive facilities such as a private office, staff room with kitchen amenities, lockers, and even a shower room—ideal for staff comfort. The premises are equipped with modern security measures including an alarm system and CCTV. Investors will find great merit in the potential to convert the upper floor into residential accommodation (subject to planning permission), which could significantly increase the property's overall value. This structure also features an enclosed rear yard providing private outdoor space and parking options. With an estimated rental income of £2,000 per month and strategic location advantages, this property promises attractive returns on investment.

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Investment analysis

(S80 area)
Area Average
£189/sq ft
Avg Rent (weekly)
£164
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (S80)

Area prices are rising by +8.2% over the last 12 months
3 year growth: +3.9%
5 year growth: +18.0%
Investment Disclaimer: Analysis based on S80 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Gateford Road, Worksop, Nottinghamshire, S80 1DY
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£434
Based on a loan of £86,250 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

This calculation uses non-residential (land/commercial) tax rates.

Price History

-4.2% since listed
£115,000£5,000(-4.2%)
01/05/2026
Current price
£120,000Initial listing
15/04/2026

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