38 Station Road, Hinckley, Leicestershire, LE10

Investment Consideration:
Vacant possession
ERV: £25,000 p.a. GIY: 10.00%
VAT is NOT applicable to this property
Comprises detached single-storey commercial building on a corner plot of 0.10 acres
Benefits from car park for 4-6 cars to the side
Residential development potential to convert into single or multiple residential dwellings, subject to obtaining the necessary consents
Located within 0.2 miles from Hinckley Train Station with occupiers nearby including a number of local retailers serving a predominantly residential area

Property Description:
Comprises vacant commercial building on a corner plot (0.10 acres). The property benefits from 4-6 car parking spaces to the side and provides the following accommodation and dimensions:
Ground Floor: 87 sq m (936 sq ft)
Reception, 5 rooms, staff rooms, kitchenette, wc
Residential development potential to convert into single/multiple residential dwellings or developing a multi storey residential block, subject to obtaining the necessary consents. Situated in predominantly residential area with multiple 2/3 storey residential blocks situated opposite the property (No. 39 & 40 Station Road)

Location:
Hinckley is an attractive town located 12 miles south-west of Leicester and 4 miles northeast of Nuneaton. The town is in close proximity to the M69 Motorway (Junction 1), which runs between the M1 and the M6, approximately two miles to the south and the A5, which also connects with the M42 Motorway two miles to the west. The property is located within 0.2 miles from Hinckley Train Station with occupiers nearby including a number of local retailers serving a predominantly residential area