36 & 36a Leicester Street, Melton Mowbray LE13 0PP
- 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
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
Notes
Disclaimer - Property reference 34640859. 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 Shouler & Son Commercial, Melton Mowbray. 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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