Prime retail unit let to J G Foods Ltd T/As Grape Tree Feel Good Foods • Fully let at £18,000 per annum on a 10 year lease with a 5 year tenant only break clause. • Strong tenant covenant. • Nearby & adjacent occupiers include Boots, WHSmith, Dorothy Perkins & the famous Dickinson Morris Ye Olde Pork Pie Shoppe.
Location: The property is located within the town’s prime pitch in a fully pedestrianised area.
Immediately adjacent occupiers include Costa Coffee, Wilko, Boots the Chemist, Dorothy Perkins and Edinburgh Woollen Mill.
Description: The unit comprises a ground floor retail unit with upper floor storage.
Accommodation: Ground Floor Sales: 939 sq ft (87.24 sq m) First Floor Stores: 539 sq ft (50.07 sq m)
Lease: The property is let on a full repairing and insuring lease at £18,000 per annum with a commencement date of 5 November 2018. The lease is for a term of 10 years incorporating a 5 year tenant only break clause. The lease also includes for an upward only review at the end of the 5th year of the term. The tenant is to be granted six months rent free, which the vendor will “top up” upon completion.
The Tenant: The property is let in its entirety to J G Foods Ltd (Company No. 08178714), and who trade as Grape Tree Feel Good Foods.
Grape Tree trade from 110 stores across the UK and have a low risk credit rating score of 89 (Source: Experian).
In the latest accounts filed on 31 December 2017, turnover was £23,468,000 with a pre-tax profit of £949,903.
Price: The property is offered for sale at a purchase price of:-
which reflects a net initial yield of 5.81% after purchaser’s costs of 3.3%.
A stylish Grade II Listed three storey mixed use property situated within the town centre. The perfect opportunity for a lifestyle change enabling a purchaser to run a business from the ground floor with two bedroom living accommodation above or alternatively a mixed use investment.
Three storey mixed use town property
Type: Mixed use, Other Property Types & Opportunities
17 Leicester Street, LE13 0PPGBMelton MowbrayLeicestershireLE13 0PP17, Leicester Street
The Lawn Court is to be a new office development in a highly prominent location fronting Leicester Road in Melton Mowbray with access from Bowling Green.
Lawn Court will provide four self-contained offices ranging from 2,121 ft to 2,963 ft with the opportunity for these to be combined to create a larger footprint.
The buildings have been laid out to maximise parking whilst retaining a pleasant green setting with landscaping within the boundaries of the site.
Suspended ceilings with energy efficient lighting Carpeted floors Comfort cooling throughout Kitchenette Contemporary male and female WC's DDA compliant Security door entry/exit system Dedicated parking spaces for each unit 3 compartment skirting trunking
NB: Please note that the above specification is subject to change
Former public conveniences with full planning consent for demolition of existing building and two new build 2-bed two-storey flats. Plans and further details are available on request from the agent. ( Agency Pilot Software Ref: 7222 )
Former Public Conveniences, 2 Park Lane, Melton Mowbray, LE13 0PT
Type: Residential, Residential
Former Public Conveniences, 2 Park Lane, Melton Mowbray, LE13 0PTGBMelton, Melton MowbrayLeicestershireLE13 0PT5, Park Lane
The property is in the heart of Melton Mowbray at the junction of Burton Street, Market Place and the A606 Leicester Street. Nearby retailers include Pizza Express, Lloyds Bank, Holland & Barratt, Superdrug, Ladbrokes, Peacocks and Betfred. Burton Street contains many popular bars and restaurants, hotels and public houses. ( Agency Pilot Software Ref: 1263 )
5 Burton Street, Melton Mowbray, LE13 1AE
Type: General Retail, Other, Other, Residential, Retail - High Street, Retail, Other Property Types & Opportunities
Commercial Freehold Opportunity A substantial two-storey Trade Counter and Showroom building, with office wing and a variety of ancillary stores including a former Drayman’s Cottage and stable, in all 6,450 sq ft. and set round a gated tarmac yard. Suitable for a wide variety of commercial uses as it stands or subject to planning consent suitable for residential conversion and development.
COMMERCIAL FREEHOLD OPPORTUNITY IN MELTON MOWBRAY, LEICESTERSHIRE
A detached property currently leased with Circa 3.5 years remaining Current annual rent of �20,000 plus VAT. It may be possible to arrange vacant possession if required. Total lettable area is approximately 232 sq m (2,493 sq ft) Parking for 4 cars on site.
44, Asfordby Road, Leicestershire, LE13 0HR
Type: Office, Other, Offices, Other Property Types & Opportunities
A newly built shop located on the site of the former post office in the centre of town beneath an attractive modern apartment block. Windsor Street is the major stopping point for local bus services, and lies between shoppers’ car parks and the Market Place area, and is also adjacent to an entertainment area of restaurants and public houses around the cinema.