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Agent's details

1 Norman Way, Melton Mowbray, Leicestershire, LE13 1JE

For sale: £695,000.00|6,258 Sq Ft|Office, Retail, Warehouse, Storage, General Retail, Retail - Out of Town, Retail Park, Trade Counter, Leisure Property, Land, Design & Build, Mixed Use, Hotel, Offices, Industrial, Licensed & Leisure, Commercial Land, Other Property Types & Opportunities

Property details

FOR SALE£695,000.00
SIZE6,258 Sq Ft
ADDRESS1 Norman Way, Melton Mowbray, Leicestershire, LE13 1JE
TYPEOffice, Retail, Warehouse, Storage, General Retail, Retail - Out of Town, Retail Park, Trade Counter, Leisure Property, Land, Design & Build, Mixed Use, Hotel, Offices, Industrial, Licensed & Leisure, Commercial Land, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON6th June 2024

Description

LOCATION
This substantial detached property is situated on a prominent corner location at the busy intersection between the A407 and Scalford Road in the town center. The wider area is well established with a variety of different commercial and residential uses including shops, hotels, cafes / restaurants, houses and flats. Nearby occupiers include KFC, Lidl, Premier Inn and Pets At Home.

Melton is situated approximately 20 miles south east of Nottingham, 17 miles north east of Leicester and 16 miles south west of Grantham and benefits from good access with the A607 and the A606 running through.

DESCRIPTION
The property comprises a two-story structure built from brick and breezeblock construction under a flat roof. The ground floor is made up a mixture of open plan and partitioned rooms proving retail, office and workshop accommodation with further office, retail, storage, kitchen and male and female W.C’s on the first floor. To the rear of the property there is a large car park with perimeter walls and a metal access gate, suitable for approximately 30+ vehicles. The property has development potential subject to the necessary planning consents being granted.

ACCOMMODATION
We have been informed that the net internal floor area is as follows;

- 4,637 Sq ft NIA of retail and office accommodation
- 1,621 Sq ft GIA of ground floor warehouse/workshop accommodation

TOTAL NIA- 581.38 Sq m (6,258 Sq ft)

SERVICES
We understand that mains water, gas, electric and drainage are connected. None of the heating systems or any other plant and equipment have been tested by Commercial List and prospective purchasers must rely on their own investigations as to their existence and condition.

BUSINESS RATES
From enquiries made though the Valuation Office website, we understand that the following Rateable value applies;

Rateable Value- £36,750

However interested parties should make their own enquiries as to the amount of rates payable.

TERMS
The property is FOR SALE freehold with vacant possession at a guide price of £695,000.

EPC
Energy rating: tbc

VAT
We understand that VAT will not be payable on the purchase price.

LEGAL COSTS
Each party to pay their own legal costs incurred.

VIEWING
For an appointment to view or further information please contact the agent.

Location

marker
Location: 1 Norman Way, Melton Mowbray, Leicestershire, LE13 1JE

Melton Mowbray (0.3 miles)

Oakham (9.3 miles)

Syston (9.4 miles)

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