Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the agent for more information about this property

4 Nottingham St 1,478 sq ft 100% Let Retail Property Melton Mowbray LE13 1NW £245,000 (£165.76/sq ft) 6.53% Net Initial Yield

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

Currently tenanted at £16,000.00 per annum on full FRI Agreement - TA modern retail premises currently divided into a large front sales area with a partitioned ancillary store at the rear of the property.The property is over two floors with separate W/C and Kitchen area, with access through a fire door to a roofed terrace/ fire escape.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,478 sq ft
Costar Property Class
B
Year Built
1900
Price
£245,000
Price per sq ft
£165.76
Yield
6.53%
NOI
£16,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.57
Total Plot Size
0.06 ac

AMENITIES

  • 24 Hour Access
  • Signage
  • Storage Space
  • Smoke Detector

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE END
  • Half Moon Inn
  • -
  • 500 sq ft
  • -
  • -
TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE END
Half Moon Inn - 500 sq ft - -

NEARBY MAJOR RETAILERS

Caffè Nero
Iceland
Barclays
Lloyds Bank
National Westminster Bank Plc
Santander
Lounges
Morrisons
Lidl
Sainsbury's
  • Listing ID: 36242533

  • Date on Market: 14/05/2025

  • Last Updated:

  • Address: 4 Nottingham St, Melton Mowbray LE13 1NW

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}