Town centre retail units refurbished for investor or owner occupier convenience

Tue 26 Jul 2022

Shouler & Son is acting as the sole agent under instruction on the sale of the freehold of two new, vacant retail units located on Melton Mowbray town centre’s busiest thoroughfares.

Described by the agent as one of the ‘quirkiest’ of its recent commercial instructions, the two Wilton Road units have been re-purposed for easy to manage retail use from their previous use as one set of the town’s public male and female toilet facilities.

The comprehensive re-modelling and refurbishment of the two units has been completed to a high and contemporary specification and also to one of the higher bands of commercial energy performance ratings - for retail use classes.

Both units have glazed on-street frontages and direct door access from the street to the main retail sales area.

The units’ specification, busy central location and proximity to 200 car parking spaces available at the town centre’s bus station, Shouler & Son suggests the freehold is likely to achieve a good yield for investors based on current market rental values in the area.

The freehold of the Wilton Road units is being marketed for offers in excess of £150,000.

The premises would suit a range of occupier uses and fit-outs - from salon-style personal services or artisan food or craft sales or as a café/tearoom - subject to any supplementary permissions.

According to the agent, while the units are set to attract investor interest, they may well also appeal to independent traders looking for affordable owner occupier opportunities for their own retail business venture.

Viewing of the retail units for freehold sale on Wilton Road, Melton Mowbray is strictly by appointment through Shouler & Son as the sole agent.

To arrange a viewing or for more information, contact Ed Danby at Shouler & Son, tel 01664 560181, e.danby@shoulers.co.uk or see shoulers.co.uk/properties/15735792/sales.