Nottingham Street, Melton Mowbray
Guide price £255,000, shop, for sale

Key features

  • Freehold commercial property
  • Approximately 1,400 sq. ft. (excluding attic space)
  • Extending over three floors
  • Trading for many years as an amusement arcade
  • Scope for residential conversion
  • Potential for alternative or mixed uses subject to necessary consents

Property Description

Freehold Commercial Property

An attractive three storey double fronted Victorian property forming part of an extensive terrace of shops in one of the town's main pedestrianised streets. Trading for many years as an amusement arcade the property amounts to around 1,400 sq. ft. plus further attic rooms on the second floor which offer scope for residential conversion with potential for alternative or mixed uses, subject to necessary consents.

Commercial

ACCOMMODATION

The property comprises an attractive Grade ll Listed building, built late 18th early 19th Century of painted brick construction under a slate roof with felted flat roof rear extension. The premises form part of an extensive terrace of period shops in one of the town's main pedestrianised shopping areas. The property boasts a Victorian shop front and extends over three floors having first and second floor rooms of domestic scale with the second floor attic rooms being currently only accessible by ladder through a loft hatch. There is scope for residential conversion of the upper floors to make a manager's flat over the shop, subject to planning consents.

The property is sited between Market Place and the Cattle Market trading area, a short walk from the High Street and Market Place with the Bell Centre public car park close by. Neighbouring traders include M & Co, Wilko, Toymaster, Argos, Rymans and Edinburgh Wool.

The property benefits from fluorescent and spot lighting, security alarm, fire alarm sprinkler system, CCTV system and Daikin air-conditioning to the ground floor.

Net Internal Area: 1,400 sq. ft. (130.06 sq. m.) approx.*
(*Excludes attic space)

Built Frontage: 28' 6" (8.69m)
Front Width: 26 ft. (7.92m)
Rear Width: 21' 4" (6.49m)
Depth: 44' 7" (13.59m)

Ground Floor sales: 945 sq. ft. (87.8sq.m.)
Rear Sales/Office: 48 sq. ft. approx.
Store Cupboard: 12 sq. ft.
Lobby and stairs leading to:
First Floor landing:
Fire Escape Door.
Storage Lobby
Store Room: with redundant gas boiler.
Office 1: 82 sq. ft., with sash windows to front.
Staff Room: 125 sq. ft. with sink unit, work surface, electric water heater, carpet and vinyl flooring, sash windows to front.
Male & Female W.Cs: one with loft hatch and extendable ladder, both with washbasins and electric water heaters
Second Floor:
Two Attic Rooms: wooden floor, sash windows to front, original cast iron fireplaces, plastered walls and ceilings, obsolete gas boiler flu ducting in room 2.

GENERAL INFORMATION

VIEWING: Strictly by arrangement through Shouler & Son, Wilton Lodge, 1 Wilton Road, Melton Mowbray, Leicestershire LE13 0UJ. Tel:- (01664) 410166

TENURE: Freehold, vacant possession upon completion.

VAT: We understand that VAT is not payable on the sale price.

SERVICES: Mains electricity, gas, water and drainage are connected. The service installations have not been tested by the agents so prospective purchasers should make their own enquiries as to the suitability for their intended use.

RATEABLE VALUE: £22,250.

EPC: This building has an Energy Performance Asset Rating Band E. Ref: 9222-3082-0270-0990-5401, but is exempt as Listed. The full EPC available on request and downloadable from: https://www.ndepcregister.com/

Commercial

"Thanks for your update and for arranging return of our deposit, it is much appreciated. We’d like to thank Shoulers for all of your support and assistance during our rental. You were by far the easiest agent we had ever dealt with, and any issues we had were always swiftly dealt with by Carol and the maintenance team. Mr B – departing residential tenant, December 2019 "
Mr B