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Residential Opportunity For Sale , Laban Tansey Building, 127 Upper Bond Street, Hinckley, LE10 1RT

0.18 acres / Land

For Sale - £450,000.00

Available - Last updated: 10 April 2025

The subject property comprises former hosiery factory premises within the Druid Quarter of Hinckley, situated between Bond Street and Druid Street.

The property has planning permission for demolition and erection of new apartment building and associated landscaping works and parking.

The approved plans comprises 6 one bedroom (approx. 50 sq m) and 3 two bedroom apartments (approx. 80 sq m), arranged over three storeys, with 9 associated car parking spaces.
( Agency Pilot Software ref: 51822 )

Location

The property is situated in the Druid Quarter on the fringe of Hinckley town centre, with frontages to both Upper Bond Street and Druid Street. The surrounding area is in a mixture of residential and commercial uses, with the property being situated adjacent to the award winning Bond Street Distillery. Hinckley is a market town with a population in the order of 55,000 (Local Authority 112,000) lying approximately 13 miles to the south west of Leicester. The town enjoys good motorway communications with junction 1 of the M69, being located on the south eastern fringe of the conurbation approximately 2 miles from the town centre.

Accommodation

Site area 0.18 acres (0.07 hectares)

Terms

SERVICES We understand all mains services are available to the subject property.

PLANNING Planning permission was granted on 5 September 2024 for the demolition of the Laban Tansey building, erection of new apartment building and associated landscaping works and parking on land between Druid Street and Upper Bond St, Hinckley (Resubmission 23/00383/FUL). Reference 24/00366/FUL with Hinckley & Bosworth Borough Council.

BUSINESS RATES As a result of internet enquiry only, we understand that the Rateable Value for the subject property appearing in the Rating List of the Hinckley & Bosworth Borough Council is: Rateable Value: unavailable THIS IS NOT THE AMOUNT PAYABLE

TENURE The freehold interest in the subject property is available, subject to vacant possession, at offers over £450,000.

LEGAL COSTS Each party to bear their own legal costs. ENERGY PERFORMANCE CERTIFICATE Not required.

Specification

  • Planning permission for demolition and a new build block of 9 apartments (Reference 24/00366/FUL)
  • Situated within the Druid Quarter of Hinckley
  • Frontages to Druid Street and Upper Bond Street

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £450,000.00 NA

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Harry Ward

Wards Commercial

01455 870320

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