The subject property comprises mid terrace retail premises which have been comprehensively refurbished and fitted out as a contemporary coffee shop, 'Understated', which opened earlier in 2024.
The accommodation is arranged over two floors and benefits from an open plan sales area, preparation areas, stores and WC facilities to the ground floor, with further sales areas and an additional WC to the first floor. The property benefits from a feature two storey glazed frontage which provides excellent natural light to both floors. Internally, the property has been stylishly fitted out in an industrial style with exposed brickwork and exposed services, along with laminate flooring throughout and an automatic entrance door.
( Agency Pilot Software ref: 51808 )
Location
The property is located in the prime retail pitch of the pedestrianised area of Castle Street in Hinckley town centre. Nearby occupiers include Vodafone, Coral, Millington Travel, Subway and Clarks. There are a variety of public pay & display car parks located nearby. 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
1,861 sq ft (172.9 sq m)
Terms
SERVICES We understands mains electricity, water and drainage are connected to the subject property. Heating is by way of infrared electric heating.
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: to be confirmed THIS IS NOT THE AMOUNT PAYABLE
TENURE The Freehold interest in the subject property is available at an asking price of £350,000. The business, assets and equipment are available by way of separate negotiation.
LEGAL COSTS Each party to bear their own legal costs.
ENERGY PERFORMANCE CERTIFICATE EPC Rating - B(50)
Specification
- Located on the prime pitch of the pedestrianised
- Castle Street in Hinckley
- Comprehensive refurbishment completed in 2024
- Two storey glazed frontage provides ample natural light
- EPC 'B' Rating