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220 Melton Rd 527 sq ft 100% Let Retail Property Leicester LE4 7PG £385,000 (£730.55/sq ft)

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INVESTMENT HIGHLIGHTS

  • Fully tenanted building
  • Primer retail/residential location
  • Close to public transport

EXECUTIVE SUMMARY

INVESTMENT OPPORTUNITY - COMMERCIAL UNIT AND FOUR-BED APARTMENT FOR SALE ON MELTON ROAD, LE4. GUIDE PRICE: £385,000.00.

Ground floor commercial unit:
?Rent - £15,000.00 per annum
?Lease Expiry - 2037
?Rent Review - 2027
?Size - 49 m2 / 527 ft2 (rough guide)

1st floor residential flat (4 bed, 1 bath):
?Rent - £950.00 per calendar month
?Currently on 12 months fixed term expiring 30/04/2026
?Size - 86 m2 / 925 ft2 (rough guide)

KEY FEATURES:

1. Spacious Unit/Shop on Ground Floor

2. Four Bedroom Apartment Above the shop

3. Sizable Living Room

4. Recently Refurbished Kitchen

5. Family Bathroom

6. Additional Toilet

7. Gas Central Heating

8. Double Glazing Windows

9. Easy Access to Transport and All Amenities

Please contact us for further information and to arrange a viewing.

PROPERTY FACTS Under Offer

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
527 sq ft
Costar Property Class
C
Year Built
1960
Price
£385,000
Price per sq ft
£730.55
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2

AMENITIES

  • Bus Route
  • Signage

NEARBY MAJOR RETAILERS

Morrisons
Lidl
Lloyds Bank
Sainsbury's
chaiiwala
HSBC
Santander
Barclays
Spar
ASDA
  • Listing ID: 35312512

  • Date on Market: 31/03/2025

  • Last Updated:

  • Address: 220 Melton Rd, Leicester LE4 7PG

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