£1,250,000

Land for sale

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Freehold

£1,250,000

Land for sale

36 - 38 Sherrard Street, Melton Mowbray LE13

Local 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.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Leicestershire
  4. Melton Mowbray
  5. Sherrard Street

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