Summary - 4, NOTTINGHAM STREET LE13 1NW
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Currently tenanted at £16,000 per annum on a full FRI Agreement (3-year term)
- Prime location on a pedestrianized high street
- Ground floor sales area of 939 sq ft, with additional upper floor storage of 539 sq ft
- Separate W/C and kitchen area, plus access to a flat roof fire escape
- Large public car park at the rear
- Freehold tenure
**Notable Concerns:**
- The property needs some updates and personal customization
- Located in an area with high crime rates and overall deprivation
**Summary:**
Discover this substantial retail investment opportunity at 4 Nottingham Street, Melton Mowbray, currently generating a steady rental income of £16,000 per annum. This property features an impressive 1500 sq ft of flexible commercial space, strategically located in a bustling pedestrian zone ideal for attracting foot traffic. The ground floor provides a spacious sales area, complemented by ample storage on the upper floor. Convenience is key, with a large public car park behind the retail unit and proximity to a wide array of local amenities.
While the property showcases a Georgian façade and modern alterations, it offers a blank canvas for personalization, allowing savvy investors or business owners to tailor the interior to their vision. However, potential buyers should note the area's high crime levels and some economic deprivation. This is a rare chance to secure a high-street property with rental potential, particularly appealing for investors looking to capitalize on the vibrant retail environment—act fast, as opportunities like this don’t last long!
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