Main Street, Market Bosworth
- Situated in the highly sought after Market Bosworth
- Comprising two retail units, one leased and one to be sold with vacant possession
- Two flats, one 2 bed and one 3 bed, to the upper floors
- Estimated rental value of £51,000 per annum
- Commercial NIA - 1,069 sq ft (100 sq m)
Retail
For Sale: £750,000
1,069 Sq Ft (99.31 Sq M)
Description
A mixed use commercial and residential investment opportunity in the heart of Market Bosworth town centre, comprising two shops with two flats above.
10 Main Street is let to Halo News Ltd and trading as Mercury News Shop. The property is arranged over two floors with a ground floor retail area and first floor store/office and WC.
12 Main Street is owner occupied and traded as Bosworth Antiques. It comprises two sales areas with ancillary kitchen and WC facilities.
2 Park Street is a 2 bedroom flat and 4 Park Street is a 3 bedroom flat, both accessed from a courtyard to the rear of the property in turn accessed from Park Street.
Location
The subject property is located in a prominent position at the corner of Park Street and Main Street in the heart of the centre of Market Bosworth. There is on street car parking available on Park Street and further parking in the Market Square opposite from the property.
Market Bosworth is a historic town of considerable charm and character situated 13 miles to the west of Leicester and 7 miles north west of Hinckley lying at the heart of an area of particularly attractive countryside. The town, which is synonymous with the Battle of Bosworth, is traversed east to west by the B585 which crosses the A447 Hinckley to Coalville road approximately 1 mile to the east. Market Bosworth is an important rural service centre as well as being a tourist centre and a popular residential location.
Accommodation
| Size | Description | |
|---|---|---|
| 10 Main Street | 459 Sq Ft (42.64 Sq M) | Retail |
| 12 Main Street | 610 Sq Ft (56.67 Sq M) | Retail |
| 2 Park Street | 2 Bedrooms | Flat |
| 4 Park Street | 3 Bedrooms | Flat |
Services
We understand mains electricity, water and drainage are connected to the subject property. Heating to the units is by way of electric heating.
Tenure
The Freehold interest in the subject property is available, subject to the occupational agreements in place and detailed below, at an asking price of £750,000.
10 Main Street - 15 year lease to Halo News Limited from 17 December 2018 at an initial rental of £10,500 per annum. RPI linked rent review dated 17 December 2023 outstanding.
12 Main Street - Vacant.
2 Park Street - Vacant. Estimated rental value of £800 pcm.
4 Park Street - Let on an AST at £640 pcm.
Legal Costs
Each party to bear their own legal costs.
Energy Performance Certificate
10 Main Street - C(73)
12 Main Street - to be supplied
2 Park Street - E(45)
4 Park Street - to be supplied