Regent Street, Hinckley
- Planning permission for Commercial Use Class E and Sui Generis (Hot Food Takeaway & Public House)
- Fully fitted out as a café
- Fitted kitchen area and disabled WC to the ground floor and WCs and stores to the basement
- Air conditioning
- NIA - 1,512 sq ft (140.5 sq m)
Retail, Leisure
To Rent: £20,000 Per annum
1,512 Sq Ft (140.46 Sq M)
Description
The subject property comprises prominent corner retail premises within the landmark High Cross Building, situated on the corner of Regent Street and George Street (with glazing to both elevations), within Hinckley town centre.
The property has been fitted out to a high standard as a café and benefits from a kitchen area and disabled WC to the ground floor, with further male and female WCs and stores to the basement. Externally, there is on street car parking available to the Regent Street elevation.
We are advised that the property benefits from planning permission for Commercial Use Class E and Sui Generis (Hot Food Takeaway & Public House).
Location
The units are located within the landmark Art Deco High Cross Building, 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. Hinckley's recent retail/leisure development 'The Crescent' is 100m from the property with tenants including Loungers, Prezzo, Wildwood and Cineworld.
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.
Accommodation
| Size | Description | |
|---|---|---|
| Ground | 1,413 Sq Ft (131.27 Sq M) | Café/Kitchen areas |
| Basement | 10 Sq Ft (0.93 Sq M) | Store |
| Basement | 32 Sq Ft (2.97 Sq M) | Store |
| Basement | 57 Sq Ft (5.3 Sq M) | Plant Room |
| Ground | Disabled WC |
Services
We understand mains electricity, water and drainage are connected to the subject property. Heating and cooling is by way of air conditioning.
Tenure
The property is available by way of assignment of an effective full repairing and insuring lease (by way of service charge), at a passing rental of £20,000 per annum exclusive, for a term of 10 years from 22 December 2021. Rent review and break option at the end of year 5. Alternatively, a sublease outside of the security of tenure provisions of the Landlord and Tenant Act 1954 may be available.
A premium is sought for the furniture, equipment and fixtures and fittings. Price upon application.
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 Rating - C(56)