The subject property comprises two buildings currently used for retail and storage arranged around a central yard/parking area. The properties are constructed of steel portal frames surmounted by a combination of pitched and flat roofing systems. The front showroom benefits from a large glazed frontage to Wood Street.
The approximate site area in the order of 0.32 acres (0.13 hectares).
( Agency Pilot Software ref: 398 )
Location
The subject property is located fronting onto Wood Street in the town centre of the popular town of Earl Shilton. Nearby occupiers include The Lord Nelson public house, Easy Laundry laundrette, Renaissance hair salon and Mark Jarvis betting office. There is short term car parking to the front elevation. Earl Shilton is a busy town (population 10,000), adjoining the village of Barwell, lying approximately 10 miles from Leicester and 3 miles from Hinckley. There are excellent road communications with junctions of the M1 and M69 being within easy commuting distance. Earl Shilton also benefits from regular bus services to Hinckley, Nuneaton and Barwell.
Accommodation
7,511 sq ft (697.7 sq m)
Terms
SERVICES We understand mains electricity, gas, water and drainage are available to the property.
PLANNING We are advised that the property benefits from planning permission, granted on 6 February 2023, for the demolition of existing buildings and development of two buildings accommodating 1 retail unit and 23 apartments. Reference 21/01391/FUL with Hinckley & Bosworth Borough Council. Further details are available from our offices upon request.
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: £28,250 THIS IS NOT THE AMOUNT PAYABLE
TENURE The Freehold interest in the subject property is available, subject to vacant possession, at an asking price of £600,000.
LEGAL COSTS Each party to bear their own legal costs.
Specification
- Planning permission for demolition of existing buildings and development of a retail unit and 23 apartments (21/01391/FUL)
- Prominent position within Earl Shilton
- Close to local amenities and bus routes