Venture Court, Hinckley
- Available as an investment opportunity or with vacant possession
- Roller shutter access, office and WC facilities to each unit
- Yard area to the front elevation
- Convenient access to the A47 and A5/M69 thereafter
- GIA - 8,241 sq ft (765.6 sq m)
Industrial
For Sale: £750,000
8,241 Sq Ft (765.59 Sq M)
Description
The subject property comprises two industrial units, constructed of steel portal frame being clad with brick faced blockwork to half height and profile sheet steel above and to the roof.
Internally, Unit 7 has ground and first floor office accommodation, whilst Unit 8 has a ground floor office. Both units benefit from WC facilities, solid concrete floors and roller shutter access (approx. 3.6m width x 4.0m height) to the front elevation. The approximate eaves height is 4.8m and there is an opening between the units with a roller shutter.
Externally, the units benefit from a yard area to the front elevation along with car parking.
Location
The property is located on Venture Court, a courtyard type development of industrial units which forms part of the larger Dodwells Bridge Industrial Estate, situated to the western edge of the town of Hinckley. The main road through the estate (Dodwells Road) forms part of the A47, which links the A5 to the west of Hinckley with the city of Leicester to the north east.
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
| Size | Description | |
|---|---|---|
| Unit 7 | 3,968 Sq Ft (368.63 Sq M) | Ground |
| Unit 7 | 306 Sq Ft (28.43 Sq M) | First |
| Unit 8 | 3,967 Sq Ft (368.53 Sq M) | Ground |
Services
We understand all mains services are connected to the subject property. Each unit benefits from a gas blower heater and there is gas fired central heating to the offices in Unit 7.
Tenure
The Freehold interest in the subject property is available, at a guide price of £750,000, subject to the leases to The Alan Nuttall Partnership Limited in effect, being two leases at a passing rent of £24,375 per annum exclusive each (total passing rent £48,750 per annum exclusive) for a term of 3 years commencing on 1 April 2022, with annual break options subject to 3 months prior written notice, on full repairing and insuring (FRI) terms.
Alternatively, the property is available with vacant possession.
A service charge levy will be payable to cover the cost of maintaining communal areas and estate management.
Legal Costs
Each party to bear their own legal costs.
Energy Performance Certificate
Unit 7 EPC Rating - D(99)
Unit 8 EPC Rating - E(113)