Commercial property for sale in Market Place, Hinckley LE10

Offers in region of £825,000 (£110.87/sq. ft)
Commercial property for sale 7,441 sq. ft*
Interested in this property? Call +44 1664 518993 * or Request Details

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Property description



Location
The property occupies the corner of Market Place and fronts on to the Borough. The popular market operates adjacent to the property and is there on a Monday, Friday and Saturday. The town has a smaller shopping centre call the Britannia shopping centre close by which boasts the new Crescent scheme which is now open and trading. It is located within walking distance from the town centre and is anchored by a Sainsbury's superstore, Cineworld multiplex and Simply Gym. Other outlets are secured by Costa, Burger King, Prezzo and Loungers.

The property is located in the centre of the town of Hinckley, the second largest market town in Leicestershire, after Loughborough. The town is located approximately 15 miles North of Coventry which is easily accessed by the M69 and M1 and approximately 14 miles South West of Leicester.

Description
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 the first floor - is within the subject property. The lease on the Yorkshire Bank has expired and is now vacant.

Accommodation
Number 1: Vacant - previously let to Clydesdale Bank (trading as Yorkshire) 3,428 Sq Ft ground and first floor

Number 3: Harris/Shipway (Café Rio) 1064 sq ft ground floor only - Rent £30,000 - expires 31/05/2021 no breaks

Number 5: Barclays Bank plc - 1,913 sq ft - ground and first floor - Rent £28,000 - expires 21/06/2027 - break at 21/6/2022

Number 3A: - 1,000 sq ft inc entrance lobby - Rent £6,000 - 3 year lease from 2020

amenities
Located in the heart of Hinckley town centre close to all retail and leisure amenities within this market town.

Services
We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent.

Terms
Offered for sale as a freehold investment at the price of £825,000

outgoings
Please contact the relevant local authority for rates information or the Valuation office agency at

VAT
VAT will be charged on the purchase price as the property is elected to tax

legal costs
Each party is responsible for their own legal fees.

Service charge
Management information is available on request, service and management fees are paid on addition to the rent by all tenants

parking notes
No Parking is included with the property. Town centre short and long term parking is available

other
Finance may be available through Independent Financial Brokers and Moores Commercial would be please to make an introduction for you. The Brokers are completely Independent of Moores Commercial and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details

viewing
Viewing is strictly by prior appointment via the sole agents Moores Commercial Tel: Or via email

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
P & F Commercial, LE15 on +44 1664 518993 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by P & F Commercial, and do not constitute property particulars. Please contact P & F Commercial 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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