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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
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 | - | - |
1 1
Nearby Major Retailers
1 of 15
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4 Nottingham St
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