39-41 Nottingham Street
Melton Mowbray
Leicestershire
LE13 1NN

£825,000
For Sale

RETAIL INVESTMENT

10306 ft²

Approximate Site Area

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VIEWBROCHURE

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Property Summary

The subject property comprises a ground floor retail unit together with upper floor amenity accommodation.
The property benefits from a large retail unit at ground floor level which has recently occupied by The Factory Shop. The property is of modern brick construction beneath a mixture of roof coverings which has been extended to the rear of the premises.

THE FACTORY SHOP LIMITED
The property is occupied by The Factory Shop Ltd by way of a new five year lease from June 2023
at a rent of £65,000 per annum. The Lease is on FR+I terms and incorporates an upwards only rent review at the third anniversary of the term.

BUSINESS RATES
Rateable Value: £51,000
This is not the amount you will pay. For further information regarding rates payable and small business rates relief, please contact Charnwood District Council

PLANNING
We understand that the property has Planning Consent for its existing use. For further information on planning and use, please contact Charnwood DistricT Council Planning Control Department.

EPC (ENERGY PERFORMANCE CERTIFICATES)
A copy of the existing building's Energy Performance Certificate can be obtained from the Agents

TERMS
Offers are invited for the sale of the Freehold interest with the benefit if the existing tenancy.

PRICE
£825,000 (Eight Hundred and Twenty Five Thousand Pounds)

SERVICES
We understand that electricity and water are connected to the premises however we recommend that interested parties contact the relevant service providers to confirm this.

VAT
Prices are quoted exclusive of Value Added Tax (VAT).

LEGAL COSTS
Each party will be responsible for their own legal costs incurred in this transaction.

VIEWING
Strictly by prior appointment with the Sole Agents Musson Liggins Ltd.

The subject property is located to the west side of Nottingham Street, a now pedestrianised location within the Town Centre of Melton Mowbray.

Melton Mowbray, a strategically positioned market town that seamlessly combines a rich heritage with promising commercial prospects being situated on the A606 and A607.

the A606 provides direct access to Nottingham City Centre located approximately 20 miles distance to the northwest and to the southeast links with Oakham located approximately 10 miles distance.

The A607 to the southwest has links with Leicester located approximately 20 miles distance where additional links are available with the M1 and the A607 to the northeast links with Grantham approximately 15 miles distance.

10,000 - 20,000 ft²

For Further Information Contact

Matthew Wade BSc (Hons) MRICS

Director

Professional Experience

I first came to Nottingham in 1999 and my first job was as a graduate surveyor with FHP. I qualified as a chartered surveyor in 2000 and then joined Geo. Hallam & Sons...

Jack Farrell BSc (Hons) MRICS

Experience

I have worked at Musson Liggins since May 2018. I assist with all aspects of General Practice surveying however the majority of my time is spent dealing with commercial property agency. I became a...

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