Summary

Property Type Investment - Mixed use
Tenure For Sale
Size 2,200 sq ft
Price Offers in the region of £350,000
Rates Payable Upon Enquiry
EPC Rating This property has been graded as C (68)
  • ERV £31,000 - current rent - £26,050
  • Prominent town centre location
  • Funding available subject to status
  • Full lease information available upon request

About

The Current tenant schedule and income is as follows:-
Ground Floor - let to Middletons estate Agents - 5 year lease - expiring December 2026 - Rental - £10,600
Ground Floor - Barbers - 4 year lease - expiring end of September 2025 - Rental - £6200
First floor - Nail studio - 3 year lease - expiring September 2025 - Rental £5250
Second Floor - Tattoo Studio - 3 year lease - expiring October 2026 - Rental £4000 + £360 for g/f shop frontage
Basement - vacant but lettable space - ERV £5,000

2-6 Sherrard Street, Commercial Investment, Melton Mowbray, Investment - Mixed use For Sale - PHOTO20240216105222 4.jpg

Accommodation

Namesq ftsq mAvailability
Building - 3 Storey Property - Commercial tenants 2,200 204.39 Available
Total2,200204.39

Location

Situated at the Town Centre part of Sherrard Street in the town centre of Melton Mowbray, with Nottingham 17 miles Northwest, Leicester 13 miles Southwest and Grantham 15 miles Northeast. The location offers excellent access into other local market towns, including Oakham, Loughborough, and Newark. The A1, M1, A46 and M69 motorways are all within 30 minutes. Melton Mowbray railway station is on the midland mainline and is a 5-minute walk away from the High Street.

Get directions from Google Maps

Further Information

  • Viewings

    Strictly by prior appointment via the sole agents P & F Commercial Tel: 01664 431330 or via email office@pandfcommercial.com

  • Terms

    Offered for sale as an investment - Price guide £350,000 - no vat