High Street retail premises 1,022 sq ft plus 1st floor residential accommodation.
• Self-contained shop plus 1st floor residential accommodation
• Vacant possession available
• High Street location
• Within 2 miles of Market Harborough town centre
• Good frontage
• Suitable for A2, A3 or B1 uses (subject to prior approval)
• SAT NAV LE16 9TF
The property is located on and fronts Main Street in the quaint village of Lubenham. It is located just 2 miles west of Market Harborough on the A4304 which connects Market Harborough to the M1 Junction 20. Lubenham enjoys all the benefits of being close to a market town while retaining a country village lifestyle. There is a free village car park in nearby Connells Close off Rushes Lane and free parking directly on the A4304 in a lay-by opposite the property and all around the village green.
The subject property is a ground floor retail unit of 1,022 sq ft. The property has a good sized frontage consisting of a large bay window suitable for a substantial shop display. The retail area is provided over 4 interconnecting and largely open plan rooms benefitting from character beamed ceilings in part and open fireplaces.
To the first floor is a separate self-contained two-bedroom flat, with courtyard-style garden. The residential accommodation is fitted to a high standard and would be an ideal buy-to-let investment. The estimated renal value is £7,800 per annum. Subject to obtaining the necessary planning approval, there is an opportunity to convert the retail unit into further residential space to create a two-storey home.
The property is available for sale with vacant possession at £325,000. We are also offering the opportunity to rent the ground floor at £14,000 per annum. The property is available by way of a new lease direct with the Landlord on terms to be agreed.
The current planning use for the ground floor premises is under Class A1 Retail of the Town and Country Planning (Use Classes) Order 1987. Subject to prior approval, the property can be used for A2, A3 or B1 uses.
This commercial property for sale is located in LE16
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