Barclays Bank Wilton Rd 4,211 SF Retail Building Melton Mowbray LE13 0UD $934,235 ($221.86/SF)

INVESTMENT HIGHLIGHTS

  • Development opportunity
  • Town centre location
  • Residential and commercial development explored
  • Existing building and large car park
  • Pre application planning enquiries made
  • Site approx 0.3 acre

EXECUTIVE SUMMARY

UPDATED PLANNING PRE-APPLICATION DETAILS BELOW PLUS PICTURES ADDED. The site occupies a prime location on Wilton Road in the town centre, opposite a large car park, the town library and is neighboured by an accountants and a Wetherspoons pub. Much of Melton Mowbray is protected under a conservation area however, this site is not included in that area.
The site area is approximately 0.3 of an acre. The building comprises of a ground floor of 226 sqm / 2436 sqft, a first floor of 226 sqm / 2436 sqft and basement level. The building is in good secure order, completely vacated. A full virtual tour is available on request.
The car park area is large enough for 30 vehicles. There is clear access onto Wilton Road from the car park.
Pre-application planning has been submitted for a luxury all-residential development of 14 apartments being 5 x 3 bedroom, 4 x 2 bedroom and 5 x 1 bedroom with 16 parking spaces.
The site would also be suitable for other development opportunities both residential and commercial.
Viewings are available to fully appreciate the potential of this site.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Building Size
4,211 SF
Building Class
B
Year Built
1972
Price
$934,235
Price Per SF
$221.86
Tenancy
Single
Building Height
3 Stories
Building FAR
0.30
Lot Size
0.32 AC
Parking
30 Spaces (7.12 Spaces per 1,000 SF Leased)
Frontage
74’ on Wilton Road

AMENITIES

  • Signage
  • Storage Space

NEARBY MAJOR RETAILERS

Iceland
Santander
Lloyds Bank
Caffe Nero
National Westminster Bank Plc
Costa Coffee
Morrisons
Lounges
Lidl
Sainsbury's
  • Listing ID: 35250369

  • Date on Market: 3/25/2025

  • Last Updated:

  • Address: Wilton Rd, Melton Mowbray LE13 0UD