Industrial for sale in Commercial Investment, 2-6 Sherrard Street, Melton Mowbray LE13

Offers in region of £350,000 (£159.09/sq. ft)
Interested in this property? Call +44 1664 518993 * or Request Details

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Industrial for sale

2,200 sq. ft*

Property description

Key Points

  • Erv £31,000 - current rent - £26,050
  • Prominent town centre location
  • Funding available subject to status
  • Full lease information available upon request
  • Description

    The Current tenant schedule and income is as follows:-
    Ground Floor - let to Middletons estate Agents - 5 year lease - expiring December 2026 - Rental - £10,600
    Ground Floor - Barbers - 4 year lease - expiring end of September 2025 - Rental - £6200
    First floor - Nail studio - 3 year lease - expiring September 2025 - Rental £5250
    Second Floor - Tattoo Studio - 3 year lease - expiring October 2026 - Rental £4000 + £360 for g/f shop frontage
    Basement - vacant but lettable space - erv £5,000

    Location

    Situated at the Town Centre part of Sherrard Street in the town centre of Melton Mowbray, with Nottingham 17 miles Northwest, Leicester 13 miles Southwest and Grantham 15 miles Northeast. The location offers excellent access into other local market towns, including Oakham, Loughborough, and Newark. The A1, M1, A46 and M69 motorways are all within 30 minutes. Melton Mowbray railway station is on the midland mainline and is a 5-minute walk away from the High Street.

    Viewings

    Strictly by prior appointment via the sole agents P & F Commercial Tel: Or via email

    Terms

    Offered for sale as an investment - Price guide £350,000 - no vat

    Availability_Text

    The accommodation comprises the following areas:
    4 Tenants occupying 4 of the 5 spaces in the building - over 3 floors, circa 2200 sq ft plus basement.

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

    Arrange Viewing

    For more information about this property, please contact
    P & F Commercial, LE15 on +44 1664 518993 * (local rate)

    Contact P & F Commercial about this property

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by P & F Commercial, and do not constitute property particulars. Please contact P & F Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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