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43-47 Burton St 1,890 SF 17% Leased Retail Building Melton Mowbray LE13 1AF $456,228 CAD ($241.39 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Rear parking
  • CLose to transport links
  • High profile location

EXECUTIVE SUMMARY

43 Burton Street is let from 11  October 2024 to 1 October 2027 at £14,000 Year 1, rising to £14,500 per annum Year 2 and £15,000 per annum Year 3, on tenant’s full repairing and insuring terms. 47 Burton Street is let from 10 October 2005 to 9 October 2130 with four parking space in rear yard at £100 doubling every 25 years, on tenant’s full repairing and insuring terms.  Originally let as offices, the lease was sold to a developer who has converted to flats and marketed for sale on subleases from £110,000.
Asking price of £245,000

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,890 SF
Building Class
B
Year Built
1800
Price
$456,228 CAD
Price Per SF
$241.39 CAD
Percent Leased
17%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.27
Lot Size
0.16 AC
Frontage
34’ on 43 Burton Street

AMENITIES

  • Energy Performance Rating - C
  • Automatic Blinds

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • Ground
  • 1,572 SF
  • Retail
  • In-Line
  • Now

This large ground-floor retail/hospitality unit offers approximately 1,572 sq ft of space within an attractive listed Georgian building. The property is currently fitted out for food retailing, including a commercial pizza oven, cold storage, seating, and flat-screen advertising displays, making it ideal for continued restaurant use or alternative retail/showroom purposes. Features include a level floor with DDA-compliant ramp, power-assisted double doors, electric security shutters, and two private parking spaces to the rear. Available to let at £16,000 per annum (Year One rent incentive) on a new full repairing and insuring lease.

Space Size Space Use Position Available
Ground 1,572 SF Retail In-Line Now

Ground

Size
1,572 SF
Space Use
Retail
Position
In-Line
Available
Now

Ground

Size 1,572 SF
Space Use Retail
Position In-Line
Available Now

This large ground-floor retail/hospitality unit offers approximately 1,572 sq ft of space within an attractive listed Georgian building. The property is currently fitted out for food retailing, including a commercial pizza oven, cold storage, seating, and flat-screen advertising displays, making it ideal for continued restaurant use or alternative retail/showroom purposes. Features include a level floor with DDA-compliant ramp, power-assisted double doors, electric security shutters, and two private parking spaces to the rear. Available to let at £16,000 per annum (Year One rent incentive) on a new full repairing and insuring lease.

NEARBY MAJOR RETAILERS

Morrisons
Lounges
Barclays
Lloyds Bank
National Westminster Bank Plc
Santander
Iceland
Caffè Nero
Costa Coffee
Lidl
  • Listing ID: 38631359

  • Date on Market: 2025-12-03

  • Last Updated:

  • Address: 43-47 Burton St, Melton Mowbray LE13 1AF

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