Commercial property for sale in Main Street, Lubenham, Market Harborough LE16
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Freehold Investment
- Ground Floor retail
- First floor Apartment
- Rent Payable £19,400
- Lease available upon request
- Retail 103 sq M
- Two Bedroomed apartment
- Small rear garden
Property description
An excellent investment opportunity to purchase a substantial property currently let at £19,400 per annum to a well established business. The lease was first granted on 30th August 2019 for an initial contractual term of 6 years, thus expiring on 29th August 2025. The property is laid out as retail space on the ground floor and a self-contained two-bedroomed flat on the first floor. The property is well maintained and appointed and is offered for sale in excellent decorative order. The current tenants occupy the whole property.
There is potential for further development at some point in the future. The retail space could quite easily be converted to form two, one-bedroomed flats, subject to planning consent. There is a shared side pedestrian access leading to a small rear garden which provides access to the first-floor apartment.
Retail Premises
The retail area is approximately 103 square meters and is made up of 5 interconnecting showrooms, together with a small kitchen and cloak/WC. The area presents very well with period features such as cast iron fireplaces, exposed beams, and timber paneled ceilings.
Showroom 1 (9.5m x 4.6m (31'2" x 15'1"))
Showroom 2 (4.4m x 2.9m (14'5" x 9'6"))
Showroom 3 (4.7m x 3.6m (15'5" x 11'9"))
Showroom 4 (4.6m x 1.4m (15'1" x 4'7"))
Showroom 5 (4.0m x 3.2m (13'1" x 10'5"))
First Floor Apartment
A well presented first-floor apartment with an external staircase providing access from an enclosed garden area.
Breakfast Kitchen (5.0m x 4.1m (16'4" x 13'5"))
Lounge (4.8m x 3.7m (15'8" x 12'1"))
Bedroom 1 (5.5m x 4.8m (18'0" x 15'8"))
Bedroom 2 (4.4m x 2.9m (14'5" x 9'6"))
Bathroom
With full suite.
Tenure
The property is being sold freehold subject to the terms of the current lease, upon completion. Fixtures and fittings - All the items mentioned in these sales details are to be included within the purchase price. Services - None of the services, fitting or appliances (if any) heating installations, plumbing or electrical systems have been tested by the selling agents, neither have the telephone or television points.
Consumer Protection Legislation
Consumer protection legislation - These sales details have been written to conform to Consumer Protection Legislation. Whilst we endeavour to make our sales details accurate and reliable, if there is any point of particular importance to you, please contact the office and we will check the information for you, particularly if contemplating travelling some distance to view. Measurements are given in good faith and whilst believed to be accurate these should be checked by the purchaser for verification. The measurements are carried out in accordance with the RICS and isva code of measuring practice.
Property info
For more information about this property, please contact
Readings Property Group Ltd, LE1 on +44 116 448 4833 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Readings Property Group Ltd, and do not constitute property particulars. Please contact Readings Property Group Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.