property
An excellent investment opportunity to purchase a Freehold property comprising of a large, two storey retail shop and further one bedroom flat.
The retail unit is currently vacant but has historically been let out at £9,000 per annum. The one bedroom flat is currently let at £4,200 per annum. The property would give around a 10% return when fully let.
Located on Hotel Street close to the Belvoir Shopping Centre and opposite a large re-development which is currently underway to provide new shops, eateries and car parking.
There is also Council Funding available as a shop front improvement scheme to all local business premises.
Two storey retail shop
Currently Vacant.
One bedroom flat
Currently Let.
ADJOINING PROPERTY
PLEASE NOTE THE ADJOINGING PROPERTY IS ALSO AVAILABLE AT A GUIDE PRICE OF £145,000+ WHICH COMPRISES OF 2 SHOPS AND A FLAT ABOVE.
Viewing details
By appointment with the auctioneers - 0116 254 9654
Investment Opportunity
Mixed Use Property
Large 2 Storey Shop and One bedroom Flat
Part Let/Part Vacant
EPC:E