Main Street, Market Bosworth
- Situated in the highly sought after Market Bosworth
- Comprising ground floor retail unit with 3 bed upper floor flat
- Attractive rear gardens and garden room
- Passing rent £31,600 per annum. Estimated rental value £36,000 per annum
Mixed Use, Apartment, Investment, Retail
For Sale: £695,000
2,508 Sq Ft (232.99 Sq M)
Description
The subject property comprises a three storey mixed use property situated in the heart of the exclusive and sought after Market Bosworth.
To the ground floor, there is an attractive retail unit with various retail areas along with ancillary stores, kitchen and WC facilities.
To the upper floors, there is a three bedroom flat with accommodation briefly comprising: Ground Floor: Entrance Hall. First Floor: Lounge, Dining Room, Kitchen and Bathroom. Second Floor: three Bedrooms, Master with Ensuite.
Externally, to the rear there is a charming enclosed garden with impressive Garden Room.
Location
The subject property is located on Main Street in the heart of the centre of Market Bosworth. There is on street car parking available to the front elevation 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 | |
|---|---|---|
| Ground | 797 Sq Ft (74.04 Sq M) | Retail Areas |
| Ground | 40 Sq Ft (3.72 Sq M) | Kitchen |
| Ground | 83 Sq Ft (7.71 Sq M) | Stores |
| Ground | 181 Sq Ft (16.81 Sq M) | Garden Room |
Services
We understand all mains services are connected to the subject property. There is no fixed heating to the commercial unit and gas fired central heating serving panel radiators to the flat.
Tenure
The Freehold interest in the subject property is available, subject to the occupational agreements currently in place and detailed below, at an asking price of £695,000.
The ground floor retail unit is let to Michaelmas House Limited for a term of 4.5 years from 12 August 2022 (expiring on 11 February 2027) on internal repairing terms. The passing rent is £22,000 per annum and there is a fixed rental increase to £24,000 per annum from 1 January 2025.
The upper floor flat is let at £805 per calendar month by way of an Assured Shorthold Tenancy (AST) for a period of 12 months commencing on 14 December 2023.
Legal Costs
Each party to bear their own legal costs.
Energy Performance Certificate
Commercial EPC - E(120)
Residential EPC - D(65)