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36 - 38 Sherrard Street, Melton Mowbray, LE13

Investment For Sale

For Sale: £1,250,000 for the Freehold

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Fully let mixed use investment
3 x retail units and 8 x residential apartments
Rental Income of £105,420
7.97% net yield (assuming Purchaser's costs of 5.75)*
Description
A mixed use investment comprising a 3 x ground floor retail units and 8 x residential apartments.

The ground floor retail units are occupied by William Hill, Viet Nails 38 Ltd and C.B. George Ltd t/a Bargain Booze / Post Office. Each unit generally provides an open plan retail / sales area with w/c accommodation and staff facilities to the rear.

The first floor comprises a mix of 1 x studio apartment, 6 x 1bed apartments and 1 x 2bed apartment.

Externally, to the rear of the property, is a secure service yard.
Viewing
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