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106 Castle Street, Hinckley, LE10 1DD

807 Sq Ft / Retail / Retail - High Street

Let - Last updated: 20 July 2020

The property comprises prominent ground floor retail premises benefiting from display cabinets, suspended ceilings, service counter, roller shutter security door and a red care alarm system.

Location

The subject property fronts onto Upper Castle Street in Hinckley town centre, close to the junction of the pedestrianised and non-pedestrianised sections of the street, with short term car parking available directly opposite. Nearby occupiers include The Art Studio, Sewing Café, Leeja Restaurant, The Cosy Café, Picker Elliott estate agents and Castle Estates estate agents.
 
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 Motorway being located on the south eastern fringe of the conurbation approximately 2 miles from the town centre. Hinckley railway station provides regular commuter services to Birmingham New Street and Leicester.

Accommodation

In more detail, the accommodation comprises the following on a Net Internal Area (NIA) basis:
 
Net Frontage 11 ft 3 ins  (3.5 m) 
Maximum Shop Depth 32 ft 4 ins (9.9 m) 
Retail Sales Area  450 sq ft (41.8 sq m) 
Basement Storage 357 sq ft (33.2 sq m) 
WC
NIA - 807 sq ft (75.0 Sq m)

Terms

Tenure

Leasehold - The property is available to let on a new full repairing and insuring lease, for a term to be agreed, at a commencing rental of £7,000 per annum exclusive.

Long Leasehold - Offers in the order of £82,500 are sought for the benefit of the long leasehold interest, being a 999 year lease subject to a peppercorn rent. The property is to be offered with vacant possession.

Legal Costs - As is standard, the ingoing tenant will be responsible for the landlord's legal costs incurred in the grant of any lease.

Specification

Services - We understand that mains electricity, water and drainage are connected to the property.

Energy Performance Certificate - EPC rating: to be supplied


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