Retail Property (out of town) for sale

Freehold - 2 shops and 2 bed apartment for sale - Wigston

£225,000

Property Description

Full description

Tenure: Freehold

LOCATION
Situated on Pullman Road close to the Junction for Blaby Road, a stones throw from Wigston College, Wigston Pool and fitness centre. The Blaby Road (B582) connects Wigston and South Wigston. The property is located approximately 5.5 miles East of the M1 at Junction 21 and Fosse Park - Shopping centre and business park.
Wigston's population of approximately 30,000 live in both the post-war private suburban housing estates surrounding the old town centre and the 19th century buildings now sandwiched between modern housing developments. The oldest of the post-war developments is Wigston Fields north of Wigston towards Knighton and Leicester; the Meadows and Little Hill estates were developed in the 1970s and 1980s to the east and south of Wigston's old centre. Wigston Harcourt is an area of housing developed up until the early 1990s between the Little Hill and Meadows estates.

DESCRIPTION
A 2 storey semi detached brick built property under a pitched tile covered roof with single storey extensions to the side and rear. The ground floor areas have recently traded as a retail shop and Cob shop, however due to competition in the local area the owners made the decision to close the business. The former cob shop is a stand alone unit with its own amenities, this has been let at a passing rent of £500 pcm on a 5 year lease with 3 year break.

ACCOMMODATION
Ground floor retail space - could be used of A1 retail or A5 takeaway.
Cob Shop - Income producing - £6k per annum - 5 year lease to a Barber shop.
The residential accommodation comprises, ground floor lounge and kitchen/breakfast room. First floor, 2 bedrooms and a family bathroom.
There is an enclosed rear garden.

AMENITIES
Located in a busy residential area close to schooling and local shops. Well situated for public transport and motorway access.

SERVICES
We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent.

TERMS
Offered for sale freehold

OUTGOINGS
Interested parties are advised to contact the relevant local authority.

VAT
There is VAT on the rent being charged to the tenant. However the property is not opted to tax and VAT should not be applicable on the purchase price.

LEGAL COSTS
Both Parties will be responsible for their own legal costs.

SERVICE CHARGE
Not applicable

PARKING NOTES
There is no parking with the property. On road parking is available.

PLANNING
Current planning allows for A1 retail with A5 takeaway in part of the ground floor, interested parties are advised to make their own enquiries with the local authority planning department.

OTHER
Finance may be available through Independent Financial Brokers and Moores Commercial would be pleased to make an introduction for you. The Brokers are completely Independent of Moores Commercial and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details.

VIEWING
Viewing is strictly by prior appointment via the sole agents Moores Commercial Tel: 01664 431330 or via email office@moorescommercial.com


More information from this agent

Nearest stations

  • South Wigston (0.6 mi)
  • Leicester (3.4 mi)
  • Narborough (3.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Moores Commercial , Rutland

36 High Street, Oakham, Rutland, LE15 6AL

01664 900003 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • South Wigston (0.6 mi)
  • Leicester (3.4 mi)
  • Narborough (3.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Moores Commercial , Rutland

36 High Street, Oakham, Rutland, LE15 6AL

01664 900003 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 102091000735. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Moores Commercial , Rutland. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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