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Market Place, Hinckley

  • Mixed-use investment opportunity
  • Landmark building in Hinckley town centre
  • Prominent town centre location
  • Leased to Barclays Bank, ADA Homecare and a café
  • Passing rent - £64,500 per annum
  • ERV - £94,500 per annum
  • Approx. NIA - 7,936 sq ft (737.3 sq m)
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Investment

For Sale: £750,000

7,936 Sq Ft (737.25 Sq M)

The accommodation is predominantly arranged on ground and first floors within an attractive building having brick and rendered elevations under a pitched and tiled roof. The units are occupied by Barclays Bank, ADA Healthcare and a café. Barclays operate within a split freehold demise part of which is not included in the sale, a substantial portion of the branch - including a first floor area - is included within the subject property.
The accommodation is predominantly arranged on ground and first floors within an attractive building having brick and rendered elevations under a pitched and tiled roof. The units are occupied by Barclays Bank, ADA Healthcare and a café. Barclays operate within a split freehold demise part of which is not included in the sale, a substantial portion of the branch - including a first floor area - is included within the subject property.

The property is located on the corner of Market Place and The Borough in a highly prominent location within Hinckley town centre. The surrounding area is mainly of a retail/leisure nature, with public houses and restaurants nearby together with various shops and banks including, HSBC, Halifax and NatWest. 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. Hinckley railway station offers regular commuter services to Birmingham New Street and Leicester and is circa 0.5 miles from the subject property.

Freehold subject to the leases in effect.

1 Market Place - Barclays Bank - C(57) 3 Market Place - Cafe Rio - D(98) 3a Market Place - ADA Homecare - B(49) 5 Market Place - Vacant - D(84) Market Room - Vacant - E(122)

For more information please get in touch with our property experts

Harry Ward
Chartered Surveyor
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