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36 & 36a Leicester Street, Melton Mowbray LE13 0PP
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
£185,000
Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page
36 & 36a Leicester Street, Melton Mowbray LE13 0PP
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About this property

  • Mixed-use freehold investment
  • Total income: £15,000 per annum
  • Ground floor commercial unit: £7,200 per annum
  • First floor residential flat: £7,800 per annum
  • Attractive outlook onto Melton Country Park
  • Established location within a popular market town
  • Potential for future rental growth

Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :  

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Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :  

Freehold

Size The size of a property or land refers to its physical extent or area. Read our glossary page

600 sqft

Use Class A commercial use class refers to a classification system that categorises buildings based on their intended commercial purposes, such as offices, retail spaces, or industrial facilities. Read our glossary page

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Material information

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An attractive mixed-use investment opportunity situated in the heart of Melton Mowbray, comprising a ground floor commercial unit with a self-contained one-bedroom flat above. The property benefits from a pleasant outlook overlooking Melton Park and would produce a combined annual rental income of £15,000 per annum.

Location

The property is prominently positioned on Leicester Street, within close proximity to the town centre of Melton Mowbray. The area is well known for its mix of independent retailers, local amenities, and residential demand.
The immediate surroundings are enhanced by views across Melton Country Park, providing a pleasant and desirable setting.
Description

Ground Floor - Commercial Unit (No. 36)

The ground floor comprises a well-presented commercial premises extending to approximately 600 sq. ft. (GIA), throughout 5 ground floor rooms. The unit benefits from good frontage onto Leicester Street and is suitable for a variety of uses (subject to planning where required).
Currently income-producing at £7,200 per annum, the commercial element offers stable returns with scope for future uplift. Tenant has currently renewed for a further 3 years. Currently used as a physiotherapist clinic.

Shared access to yard and removal of bins.



First Floor - Residential Flat (No. 36A)

The upper parts consist of a self-contained one/ two-bedroom flat, accessed independently. The accommodation requires a little modernisation but provides comfortable living space and benefits from attractive rear yard and views towards the nearby parkland.
The flat is vacant, but would yield £7,800 per annum, representing a strong residential income stream.

A rare opportunity to acquire a well-located mixed-use investment in a sought-after market town, offering immediate income with long-term growth potential. The combination of commercial and residential income streams, together with the property's attractive outlook, makes this an appealing addition to any investment portfolio.
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Train station Melton Mowbray  (0.3 miles)

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Tenant Info for 36 & 36a Leicester Street, Melton Mowbray LE13 0PP

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