179 Melton Road, Leicester, LE4 6QT
- PROPERTY TYPE
Commercial Property
- BEDROOMS
4
- SIZE
Ask agent
Description
Please note this Auction will be steamed live via our website with Remote Bidding by Proxy, Telephone or Internet Only.
Freehold Investment. A mid terrace building comprising of a ground floor shop with separate rear access to the ground, first and second floor flats.
Location
The property is located on the main A607 Melton Road, part of the prime retail shopping area in Leicester with a range of independent retailers.
Accommodation
Ground Floor (retail):
Retail sales area = 375 sq ft (34.83 sq m) approx.
Ground Floor (Flat C):
Entrance area, living room, kitchen, bedroom, shower room.
First Floor (Flat B):
Entrance door, living room, kitchen, bedroom, bathroom, separate WC.
First Floor (Flat A):
Entrance door, living room, staircase to second floor.
Second Floor:
kitchen, two bedrooms, bathroom.
Tenure
Freehold subject to existing tenancies.
Accommodation
| Flat | Tenancy | Rental Income |
| Retail | Let for a term of 7 years from 01/01/2022 (Yearly rent increase agreed) | £500.00 P.C.M |
| Flat A | Let on an Assured Shorthold Tenancy for a term of 6 months from 11/06/19 (Holding over). | £425.00 P.C.M |
| Flat B | Let on an Assured Shorthold Tenancy for a term of 6 months from 01/07/16 (Holding over). | £450.00 P.C.M |
| Flat C | Let on an Assured Shorthold Tenancy for a term of 6 months from 01/07/16 (Holding over). | £450.00 P.C.M |
| Full rental income P.C.M | £1,825.00 | |
| Full rental income per annum | £21,900.00 |
Note
Purchasers are to be made aware that an additional charge of 0.75% + VAT of the purchase price will be collected on completion by the seller to cover costs incurred in selling the property.
The completion date will be on or before six weeks following exchange of contracts.
Energy Performance Certificate
EPC Rating D.
Solicitors
Salusbury Harding and Barlow Solicitors,
1 Berridge Street, Leicester, LE1 5JT
TEL: (Ref: C.Gooch)
Email:
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Brochures
Legal Documents179 Melton Road, Leicester, LE4 6QT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leicester Station1.7 miles
- Syston Station3.0 miles
Notes
Disclaimer - Property reference 169568. 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 Shonki Brothers, Auctions. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Shonki Brothers, Auctions on 0116 255 7573.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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