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43-47 Burton St 1,890 sq ft 100% Let Retail Property Melton Mowbray LE13 1AF £245,000 (£129.63/sq ft)
Investment Highlights
- Rear parking
- CLose to transport links
- High profile location
Executive Summary
43 Burton Street is let from 11 October 2024 to 1 October 2027 at £14,000 Year 1, rising to £14,500 per annum Year 2 and £15,000 per annum Year 3, on tenant’s full repairing and insuring terms. 47 Burton Street is let from 10 October 2005 to 9 October 2130 with four parking space in rear yard at £100 doubling every 25 years, on tenant’s full repairing and insuring terms. Originally let as offices, the lease was sold to a developer who has converted to flats and marketed for sale on subleases from £110,000.
Asking price of £245,000,
The business produces £15,000+ rent per annum
Asking price of £245,000,
The business produces £15,000+ rent per annum
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
1,890 sq ft
Costar Property Class
B
Year Built
1800
Price
£245,000
Price per sq ft
£129.63
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.27
Total Plot Size
0.16 ac
Frontage
34 ft on 43 Burton Street
Amenities
- EPC - C
- Roller Shutters
1 1
Nearby Major Retailers
1 of 13
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43-47 Burton St
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