{"loaderData":{"0-3":{"propertyListing":{"building":{"id":"758746083559072","summary":"Virtual Freehold ground floor retail shop investment. Let to Greggs PLC at a passing rent of \n30,000 per annum, for a term of 10 years from 16/05/2025. Upwards only open market rent review in the 5th anniversary of term. Tenant only break clause in the 5th year of the lease (15,000 penalty)","archived":false,"description":"-\tVirtual Freehold investment (New 999 year lease)

-\tDouble frontage unit situated on the ground floor

-\tTotal size of 1574 sq ft

-\tGreggs have closed their other unit on Castle Street and in the shopping centre to focus on 3-5 Castle Street

- Let to Greggs plc on a FR&I lease for a term of 10-years from 16th May 2025

-\tThe current tenant pays £30,000 p.a

-\tTenant only break clause at the 5th year of the lease subject to break penalty of £15,000 (6 months' rent)

-\tUpward only open market rent review in the 5 year of the lease.

-\tGregg’s plc reported revenue of £1.809b, Pre-Tax profits of £167.7m and net profits £530m (source: Companies House)
","disclaimer":{"raw":"Disclaimer - Property reference 1252. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by PRIDEVIEW AGENCY LLP, Middlesex. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":[],"keyFeatures":["New 999 year leasehold blue chip retail investment","Double fronted retail unit","10 year lease from 16th May 2025 (TBO in year 5 with 6 month rent penalty)","Tenant currently paying £30,000 per annum exclusive","Upward only open market rent review at the 5th year","Total size of 1574 sq ft"],"environment":{"epcRating":null,"breeamRating":null,"environmentalDescription":null},"pricing":{"price":425000,"displayQualifier":"NONE","frequency":null,"rentObligation":null},"useClasses":[],"tenureType":"LEASEHOLD","tenureYearsRemaining":999,"parkingSpaces":0,"yearBuilt":null,"yearRenovated":null,"listedBuilding":null,"numberOfFloors":0,"planningPermission":null,"businessForSale":false,"media":{"brochures":[],"photos":[{"uri":"property-photo/2add9d5a7/758746083559072/2add9d5a78bdc0c7c4b11c013aa2e3cb.png","description":""}],"floorPlans":[],"virtualTours":[],"videoTours":[],"epcs":[{"uri":"https://find-energy-certificate.service.gov.uk/energy-certificate/9912-3069-0012-0090-6405"}],"epcGraphs":[]},"sizing":{"unit":"SQFT","size":1574,"minSize":null,"measurementType":null,"maxSize":null},"location":{"displayAddress":"Castle Street, Hinckley, Leicestershire","showMap":true,"postcode":{"incode":"1DA","outcode":"LE10"},"streetView":{"latitude":52.541773,"longitude":-1.369996,"heading":-11.379514,"pitch":0,"zoom":1,"showStreetView":true},"latitude":52.541121,"longitude":-1.372445},"nearestStations":[{"distance":0.42352970251560235,"name":"Hinckley Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":3.981890355123274,"name":"Nuneaton Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":5.868871966280901,"name":"Bedworth Station","types":["NATIONAL_TRAIN"],"unit":"miles"}],"agents":[{"name":"PRIDEVIEW AGENCY LLP, Middlesex","email":null,"profileUrl":"/estate-agents/agent/Prideview-Group/Middlesex-241790.html","logo":"/partner-logo/26910062-LOGO-1770217462246.jpeg","id":241790,"description":"

The Prideview Group is one of the leading consultancies in the UK commercial property investment market, having been established in 1985.

We act for private investors from all walks of life and all over the globe, offering a seamless, in-house acquisition, disposal, advisory and management service. We host regular investment seminars for private buyers and are widely known as the Home of the Blue-Chip Investor.

We work closely with numerous propcos, traders, agents and vendors both off-market and via auction to deliver quality investment opportunities as well as a unique disposals service.

Each year we also host the biggest cricket day in the industry, The Prideview Cricketers' Cup, with all proceeds going to charity.

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