Castle Street, Hinckley

The subject property comprises retail premises in a prominent position on Castle Street in Hinckley town centre, benefitting from a small return frontage to Castle Street and ancillary accommodation above.

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.

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

Sale - The freehold interest in the subject property is available, subject to vacant possession, at an asking price of £160,000.
Letting - The property is available to let, on a new full repairing and insuring lease, at a commencing rental of £13,000 per annum exclusive.

Sale - Each party to bear their own legal costs.
Letting - As is standard, the ingoing tenant will be responsible for the landlord's legal costs incurred in the grant of the lease.

EPC Rating - C(63)