The property is situated in the established secondary trading location of Mealcheapen Street, which runs between New Street and The Shambles, with an entrance to Reindeer Court Shopping Centre. The property is in close proximity to The Cornmarket pay and display car park and is ideally placed for the annual Victorian Christmas Fayre. Mealcheapen Street has become the main pedestrian thoroughfare from the St Martins Quarter retail development in to the heart of the City Centre and the main High Street.The property comprises a ground floor sales area, with excellent display frontage to Mealcheapen Street. There is further storage accommodation, a staff room and WC facilities to the rear of the property. The first and second floors benefit from separate access to the side and offer potential residential conversion, subject to planning.Frontage - 18 (5.40 m) Max depth (retail) - 39 (12 m) Ground floor sales - 690 sq ft (64 sq m) Ground floor ancillary - 707 sq ft (66 sq m) First Floor - 1,127 sq ft (105 sq m) Second Floor - 1,190 sq ft (111 sq m) TOTAL - 3,714 sq ft (346 sq m)£315,000The current Rateable Value of the property is: Ground Floor - £28,750 First and Second Floors - £5,300 2015/2016 Rates payable 49.3p in the £.