Mixed use for sale

2-6 Sherrard Street, Commercial Investment, Melton Mowbray, LE13 1XJ

01664 518223

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Mixed use

0 bed

0 bath

2,200 sq ft / 204 sq m

Property description & features

Tenure: Freehold
ERV £31,000 current rent £26,050
Prominent town centre location
Funding available subject to status
Full lease information available upon request

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

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.

Strictly by prior appointment via the sole agents P & F Commercial [use Contact Agent Button] or via [use Contact Agent Button]

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

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Places of interest

P & F Commercial - Oakham

18 Midland Co, Station Approach Oakham, Rutland LE15 6RA

01664 518223

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P&F Commercial is a well-established Commercial Estate Agency business operating across the EastMidlands. Centrally located in Rutland, with the major Cities of Leicester, Nottingham, Peterboroughand Northampton all within 40 miles, P&F Commercial are perfectly located to handle all types ofCommercial property including Shops, Offices, Industrial Units, Post Offices and any other generalInvestment/property businesses. With over 40 years combined experience in the property business, P&F Commercial has a wealth ofspecific knowledge in the sector. P&F Commercial do not just deal in vacant property but can assistbuyers and sellers in the transfer of operating businesses and are perfectly placed to assist start up’sand SME’s in the acquisition, lease or sale of the premises essential to making the enterprise asuccess. We understand that buying, selling or leasing property can be a stressful time and we are more thanhappy to handle the transaction discreetly with or without formal open market promotion and wecan arrange meetings and viewings outside office or working hours as necessary. We can handle any property from the lease of the smallest shop or office unit to multi-million poundfreeholds and we take pride in the way we can market our client’s properties using selected InternetPortals, our own website at www.pandfcommercial.com and our extensive database. We are always happy have an open chat about the services we can offer so please give us a call to discuss your requirements.

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OnTheMarket may have applied supplementary data to this property listing, including:

Broadband availability and predicted speed: obtained from Ofcom on March 14, 2022

Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s

The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

Mobile phone signal availability and predicted strength

Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

Energy Performance data and Internal floor area

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