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36 & 36a Leicester Street, Melton Mowbray LE13 0PP

£185,000

£308.33 per sq ft

Business rates & charges may apply

Shouler & Son Commercial, Melton Mowbray
SIZE AVAILABLE

600 sq ft

56 sq m

SECTOR

Commercial property for sale

Key features

  • Mixed-use freehold investment
  • Total income: £15,000 per annum
  • Ground floor commercial unit: £7,200 per annum
  • First floor residential flat: £7,800 per annum
  • Attractive outlook onto Melton Country Park
  • Established location within a popular market town
  • Potential for future rental growth

Description

An attractive mixed-use investment opportunity situated in the heart of Melton Mowbray, comprising a ground floor commercial unit with a self-contained one-bedroom flat above. The property benefits from a pleasant outlook overlooking Melton Park and would produce a combined annual rental income of £15,000 per annum.

Location

The property is prominently positioned on Leicester Street, within close proximity to the town centre of Melton Mowbray. The area is well known for its mix of independent retailers, local amenities, and residential demand.
The immediate surroundings are enhanced by views across Melton Country Park, providing a pleasant and desirable setting.

Description

Ground Floor – Commercial Unit (No. 36)

The ground floor comprises a well-presented commercial premises extending to approximately 600 sq. ft. (GIA), throughout 5 ground floor rooms. The unit benefits from good frontage onto Leicester Street and is suitable for a variety of uses (subject to planning where required).
Currently income-producing at £7,200 per annum, the commercial element offers stable returns with scope for future uplift. Tenant has currently renewed for a further 3 years. Currently used as a physiotherapist clinic.

Shared access to yard and removal of bins.



First Floor – Residential Flat (No. 36A)

The upper parts consist of a self-contained one/ two-bedroom flat, accessed independently. The accommodation requires a little modernisation but provides comfortable living space and benefits from attractive rear yard and views towards the nearby parkland.
The flat is vacant, but would yield £7,800 per annum, representing a strong residential income stream.

A rare opportunity to acquire a well-located mixed-use investment in a sought-after market town, offering immediate income with long-term growth potential. The combination of commercial and residential income streams, together with the property’s attractive outlook, makes this an appealing addition to any investment portfolio.

Brochures

36 & 36a Leicester Street, Melton Mowbray LE13 0PP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Melton Mowbray Station0.3 miles

About Shouler & Son Commercial, Melton Mowbray

County Chambers, Kings Road, Melton Mowbray, LE13 1QF

Our team of commercial experts deal with the sale, letting & management of all types of commercial property & land throughout the area.

Harry Baines (Partner) MRICS (Registered Valuer) and Edward Danby, are based at our head office in Kings Road and are ready to assist you with your enquiries.

Our successful commercial department is involved in the letting and sales of shops, offices and industrial property in towns and rural areas around Melton, Grantham and Oakham. Shouler & Son is a long established and well respected name and from this base, we aim to be the first point of call for any commercial property matter.

Shouler & Son are a natural partner for national firms requiring a locally based joint agent as we are recognised for the highest level of expertise within the market sector. As a primary agent within the region, we are connected nationally to UK firms and agencies, receiving enquiries directly and through a network of national property societies, organisations and prominent internet presence.

Notes

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