The subject property comprises prominent retail premises on the pedestrianised Castle Street in Hinckley town centre, most recently used as a gymnasium.
The accommodation is arranged over two storeys. To the ground floor there is an open plan retail sales area with two showers and a disabled WC. To the first floor, there is a studio, office, stores and two WCs.
The ground floor benefits from exposed services with LED lighting. The first floor benefits from laminate flooring and suspended ceilings with inset fluorescent strip lighting.
( Agency Pilot Software ref: 51823 )
Location
The subject property is located towards the top end of Castle Street in Hinckley, which is the main retail thoroughfare in the town. The Britannia Shopping Centre is circa 100m from the property, featuring occupiers including New Look, Greggs, Peacocks and Boots. Nearby occupiers include MCC Hobby Centre, LOROS, AgeUK, Swinfen butchers and Kennedy's hairdressers. 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
3,147 sq ft (292.4 sq m)
Terms
SERVICES We understand mains electricity, water and drainage are connected to the subject property.
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: £33,750 THIS IS NOT THE AMOUNT PAYABLE
TENURE The property is available by way of assignment of a full repairing and insuring lease, at a passing rental of £30,000 per annum exclusive, for a term of 7 years from 23 April 2021. Break date 22 April 2026 and rent review 23 April 2026. Alternatively, a sublease outside of the security of tenure provisions of the Landlord and Tenant Act 1954 may be available or a lease of longer duration may be available directly from the Landlord. LEGAL COSTS As is standard, the ingoing tenant is to cover the landlord's legal costs in respect of the lease and rent deposit deed.
ENERGY PERFORMANCE CERTIFICATE EPC - B(40)
Specification
- Situated on the pedestrianised Castle Street in Hinckley
- Arranged over two storeys
- Most recently used as a gym but suitable for other uses (STPP)
- EPC 'B' Rating