Mobile/park home for sale in Market Place, Hinckley LE10
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Property features
- Of interest to investors and developers
- Freehold Public House/Nightclub and site with Planning Permission granted for 44 apartments
- Substantial building currently comprising approximately 3,344.81 sq m (36,000 sq ft)
- Existing 5 bedroom apartment above public house/restaurant
- Potential for 4 further apartments above The Bounty (subject to planning)
- Includes successful nightclub currently operating
- Vacant
Property description
Strapline
Auction Sale - 19/03/2024
Of interest to investors and developers
Freehold Public House/Nightclub and site with Planning Permission granted for 44 apartments
Vacant
Description
The property comprises a substantial public house (The Bounty), with existing 5 bedroom managers flat above and nightclub (Club LE10), currently generating a robust revenue stream of over £650,000 per annum, which benefits from planning permission for 44 flats (30 x 2 bedrooms, 12 x 1 bedroom, 2 x 3 bedroom pent house with 32 x on site parking).
Location
Hinckley is approximately 12 miles north-east of Coventry and 13 miles south-west of Leicester. The property is located in central Hinckley and fronts both Market Place and The Horsefair.
Tenancy
Vacant Possession on Completion.
Accommodation
Please note the approximate areas have been provided by the voa/Vendor and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.
Proposed Accommodation:
Planning
The property benefits from planning permission granted in November 2021 (Ref: 20/01317/ful) for Conversion, extension and alterations, including part demolition, of buildings to form 44 apartments (30 x 2 bedrooms, 12 x 1 bedroom, 2 x 3 bedroom penthouse), associated parking and access. For further information please contact Leicester City Council Planning ().
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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