Stockwell Head, Hinckley, Leicestershire, LE10

Location:
The property is located on Stockwell Head, on the fringe of Hinckley town centre, and is situated directly opposite the entrance to the Hansom Court shopping arcade. Nearby occupiers include Elle K hairdressers, Star Nails, Drayton Croft Motorcycles, Dress Me Pretty Bridal Room & Tanmania. There is an NCP car park opposite the property. The well regarded Concordia Theatre is less than 100m from the property.

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 Motorway being located on the south eastern fringe of the conurbation approximately 2 miles from the town centre. Hinckley railway station provides regular commuter services to Birmingham New Street and Leicester.

Description:
The subject property comprises prominent ground floor retail premises on Stockwell Head on the fringe of Hinckley town centre.

The accommodation benefits from a large 10m double frontage and extensive retail areas, along with an external store and WC and basement storage.

Externally the property benefits from security roller shutters.

Services:
We understand mains electricity, water and drainage are connected to the subject property. Heating is by way of electric heating.

Business Rates:
As a result of internet enquiry only, we understand that the Rateable Value for the subject property appearing in the Rating List of the Hinckley & Bosworth Borough Council is:

Rateable Value: £10,750

THIS IS NOT THE AMOUNT PAYABLE

Tenure:
Sale - The long leasehold interest in the property is available, subject to vacant possession, at an asking price of £175,000.
Letting - The property is available to let on a new effective full repairing and insuring (by way of service charge) lease, for a term to be agreed, at a commencing rental of £13,000 per annum exclusive.

Legal Costs:
Sale - Each party to bear their own legal costs.
Letting - As is standard, the ingoing tenant will be responsible for the landlord's legal costs incurred in the grant of the lease.

EPC:
EPC Rating - C(67)