52 Castle Street, Hinckley, LE10 1DB
- SIZE AVAILABLE
1,321-3,710 sq ft
123-345 sq m
- SECTOR
High street retail property for sale
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
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.
Brochures
52 Castle Street, Hinckley, LE10 1DB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hinckley Station0.5 miles
- Nuneaton Station4.0 miles
- Bedworth Station5.9 miles
Notes
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