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Lancaster Walk, Melton Mowbray, Leicestershire

£3,500,000

Business rates & charges may apply

Innes England Ltd, Leicester
SIZE

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SECTOR

Commercial property for sale

Key features

  • Gross income: £245,820 per annum
  • 33 two and three bed apartments
  • High profile position on the edge of the town centre
  • Freehold price £3,500,000 to show a gross yield of 7.02%

Description

A purpose built residential development constructed during the early 2000s in an arrangement of 4 self-contained buildings, each providing a number of separate apartments over two stories.

The buildings are constructed in brickwork, with a lower level of painted reconstituted stone, with attractive facades under a pitched slate roof. The windows are double glazed uPVC units. Each individual building provides a varying number of apartments that are all self-contained, with two or three bedrooms, together with the usual arrangement of reception and bathrooms.

Externally, the development is laid out within a managed landscaped environment, each flat has the benefit of one private and allocated car parking space.

Brochures

Lancaster Walk, Melton Mowbray, Leicestershire

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Melton Mowbray Station0.4 miles

About Innes England Ltd, Leicester

Peat House 1 Waterloo Way Leicester LE1 6LP

Leicester Office

Innes England works with clients across the UK, with a special focus on the East Midlands. As the most active agent in the East Midlands for ten consecutive years*, this means we put more of our energy into driving results for our clients than any other agent in the region.

We are the only commercial property consultancy to have offices in Derby, Leicester and Nottingham, giving us an unrivalled local knowledge which allows us to offer relevant, tailored and well-informed advice to our clients.

Our extensive team provides expertise spanning the entire commercial property spectrum with surveyors, retail specialists and property asset management professionals backed up by a highly capable support team. Our shareholding directors take a hands-on approach, working in the business on a day-to-day basis and offering their experience and know-how to clients' projects.

We have a proven track record of delivering real results, and have worked with an enviable client list on countless successful projects, always with a focus on finding a commercial, viable solution, reducing risk and maximising value.

Innes England offers services in:

Acquisitions, disposals and lettings

Land sales and commercial development

Property asset management

Investment services

Business rates, lease consultancy and valuation

Building consultancy

Energy consultancy and Energy Performance Certificates (EPCs)

Derby Office

https://www.rightmove.co.uk/estate-agents/agent/Innes-England-Ltd/Derby-88900.html

Nottingham Office

https://www.rightmove.co.uk/estate-agents/agent/Innes-England-Ltd/Nottingham-89794.html

Notes

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Disclaimer - Property reference 8654FH. 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 Innes England Ltd, Leicester. 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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