Property photos
Freehold
£1,250,000
Land for sale
36 - 38 Sherrard Street, Melton Mowbray LE13Local area information
Property location
Nearby amenities
- Melton Mowbray 0.3 miles
- Saint Francis Catholic Primary School 0.4 miles
- Brownlow Primary School 0.4 miles
- Oakham 8.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Fully let mixed use investment
- 3 x retail units and 8 x residential apartments
- Rental Income of £105,420
- 7.97% net yield (assuming Purchaser's costs of 5.75)*
A mixed use investment comprising a 3 x ground floor retail units and 8 x residential apartments.
The ground floor retail units are occupied by William Hill, Viet Nails 38 Ltd and C.B. George Ltd t/a Bargain Booze / Post Office. Each unit generally provides an open plan retail / sales area with w/c accommodation and staff facilities to the rear.
The first floor comprises a mix of 1 x studio apartment, 6 x 1bed apartments and 1 x 2bed apartment.
Externally, to the rear of the property, is a secure service yard.
The ground floor retail units are occupied by William Hill, Viet Nails 38 Ltd and C.B. George Ltd t/a Bargain Booze / Post Office. Each unit generally provides an open plan retail / sales area with w/c accommodation and staff facilities to the rear.
The first floor comprises a mix of 1 x studio apartment, 6 x 1bed apartments and 1 x 2bed apartment.
Externally, to the rear of the property, is a secure service yard.
More information
Listed by
APB Property Consultants
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