Summary - 52, WOOD STREET LE9 7ND
1 bed 1 bath Commercial Property
**Standout Features:**
- Commercial property with a passing rental of £9,500 per annum.
- 9 years remaining on lease to Medivet Group Ltd.
- Currently operating as a nail salon with a sublease in place.
- Prime location in Earl Shilton town centre.
- On-street parking available directly in front.
- Total area of 845 sq ft (78.5 sq m) with a rear yard.
**Potential Concerns:**
- Mortgage lenders may be hesitant to finance a property with a lease term of less than 10 years.
- Average crime rates in the area.
- The neighborhood exhibits signs of deprivation.
**Summary:**
Discover an excellent commercial investment opportunity in the vibrant heart of Earl Shilton. This ground-floor retail unit, currently home to a thriving nail salon, boasts 845 sq ft of modern space featuring an open-plan layout, a kitchen/store area, and WC facilities. With a remaining lease term of 9 years to Medivet Group Ltd and a passing rental income of £9,500 per annum, this property presents a solid investment, though potential buyers should be aware of possible challenges in securing financing due to the lease length.
Positioned on a bustling town high street, the property offers convenient on-street parking and is surrounded by a variety of local amenities, appealing to both customers and business owners. While the area shows above-average crime rates and signs of social deprivation, investing here means tapping into a self-sufficient community with local schools rated 'Good' by Ofsted. The property's mid-century design holds renovation potential, offering you the chance to enhance its appeal. Don’t miss out on this unique opportunity to secure a commercial space in a prime location – act fast as such investments are rare in today's market!
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