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COMMERCIAL

The Park, Market Bosworth, CV13

£2,350,000
Wards Commercial, Hinckley
PROPERTY TYPE

Office

SIZE

12,157 sq ft

1,129 sq m

Key features

  • Located within the grounds of the prestigious Bosworth Hall Hotel
  • Arranged over two storeys with a large car park
  • Passing rent £219,500.81 per annum
  • Estimated rental value £235,190.51 per annum
  • NIA - 12,157 sq ft (1,129.4 sq m)

Description

Location:
Swan House is an office building located within the grounds of Bosworth Hall Hotel, in a prestigious and attractive location within this historic market town.

Market Bosworth is a historic town, of considerable charm and character situated 13 miles to the west of Leicester and 7 miles north west of Hinckley, lying at the heart of an area of particularly attractive countryside. The town, which is synonymous with the Battle of Bosworth, is traversed east to west by the B585 which crosses the A447 Hinckley to Coalville road approximately 1 mile to the east. Market Bosworth is an important rural service centre as well as being a tourist centre and a popular residential location.

Description:
Swan House is a dedicated office building located within the attractive Bosworth Park Estate of solid brickwork construction surmounted by a flat roofing system with parapets.

Internally, the property offers office accommodation at ground and first floor level with two wings per floor, with each wing benefitting from communal kitchen facilities. The offices are accessed through a communal entrance to the ground floor and there male and female WC facilities to both floors, along with a passenger lift. The offices benefit from double glazed windows.

Externally, there is a large car park and communal gardens.

Services:
We understand all mains services are connected to the subject property. The offices are heated by way of a communal gas fired central heating system.

Rates:
Tenants are responsible for the payment of business rates in respect of each suite.

Tenure:
The property is available at an asking price of £2,350,000, subject to the occupational agreements currently in place, reflecting an attractive gross yield of 9% and reversionary gross yield of 10%. The gross rental is £219,500.81 per annum exclusive of VAT and there are two vacant suites. The estimated rental value if fully let is £235,190.51 per annum exclusive of VAT. A full tenancy schedule will be provided to a prospective buyer upon receipt of an acceptable offer.

Within the rental the Landlord carries out the following:
1. Maintenance of the main fabric of the building.
2. Insures the buildings (not the tenant's contents).
3. Provision of gas fired central heating and electricity
4. Cleans communal parts, kitchens & toilets

Legal Costs:
Each party to bear their own legal costs.

Energy Performance Certificate:
EPC rating - D(89)

Brochures

Brochure 1

The Park, Market Bosworth, CV13

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hinckley Station6.5 miles

About Wards Commercial, Hinckley

20 Station Road, Hinckley, LE10 1AW

Ward Surveyors commercial agency department provides a comprehensive range of professional services for the letting, sale and acquisition of commercial properties.

Ward Surveyors have been the leading commercial agents in Hinckley and South West Leicestershire since establishment in 1988 and provide agency services for retail, office, industrial and warehouse premises in the Leicestershire, Warwickshire and wider Midlands markets.

Our team of qualified Chartered Surveyors utilise their exceptional knowledge of the local and regional property markets to ensure that the best outcome is achieved for our clients in an efficient timeframe.

Wards are able provide agency valuation advice for both sales and lettings on an informal basis prior to instruction on a no-obligation basis. Please get in touch today to discuss your requirements.

Notes

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Disclaimer - Property reference SwanHouseFH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Wards Commercial, Hinckley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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