52 Castle Street, Hinckley, LE10 1DB

Offers in region of

£400,000

Size

1,321 - 3,710

Tenure

Freehold

EPC

Parking

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Primary use
Other
Other use(s)
Other, High street retail

No floor / site plan

Key features

  • Offers in the region of £400,000 reflecting a net initial yield of 7.2%
  • Prime Pitch
  • Well served by nearby public car parks
  • Fully Glazed double frontage
  • Cat 6 Lighting
  • Ceiling mounted heating/ cooling system
  • Good footfall

Description

This prominent two-storey retail premises offers an internal area of approximately 3,711 sq ft (344.8 sq m). The ground floor features an open-plan retail area with changing rooms at the rear. The first floor comprises a studio, office, storage areas, and two additional WCs.

The property is let to Armstrong Fitness Limited on a 7-year lease from 23/04/2021 at a rent of £30,000 p.a., with a tenant break option on 22/04/2026.

Hinckley is located in the heart if the Midlands. The town benefits from good road communications and is served by the A5 which provides a direct link with Junction 1 of the M69, and Junction 2 of the M6 lies approximately 8 miles south. The town is connected to the national rail network with journey times to London of approximately 1hr 25 minutes.

Castle Street is Hinckley's principle pedestrianised retail thoroughfare. The subject property occupies a prime retailing pitch on the north side of Castle Street in close proximity to the popular Britannia Shopping Centre. Other nearby occupies include Holland and Barrett, Costa Coffee, New Look, Greggs, Specsavers, WH Smith, Carphone Warehouse and Wilko. The Stockwell Head Chapel Yard public car park is located immediately to the rear of the property and provides some 32 parking spaces whilst the Castle Street car park is immediately opposite, providing some 70 parking spaces. The property benefits from a strong footfall.

Freehold.
Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
No
Energy performance certificate: B

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

52 Castle Street, Hinckley, LE10 1DB

NEAREST STATIONS

National Rail

Hinckley Station

0.46 miles

National Rail

Nuneaton Station

4.02 miles

National Rail

Bedworth Station

5.92 miles

About Bromwich Hardy LLP, Coventry

Bromwich Hardy LLP, Coventry logo

Bromwich Hardy is a dynamic property consultancy and agency based in the heart of the Midlands, Coventry.

Founders of the company, Richard Hardy and Tom Bromwich, have over 50 years of experience between them, dealing with all aspects of the commercial property market.

They are both very well known in the industry and have complementary skills and expertise. Tom Bromwich has an unparalleled and intimate knowledge of the Midland's regional market and Richard Hardy has a deep understanding of how best to meet the needs of nation-wide organisations with interests right across the UK.

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Disclaimer - Property reference 303757-1. 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 Bromwich Hardy LLP, Coventry. 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.