Castle Street, Hinckley, Leicestershire, LE10 1DA

£675,000

Size

5,651

Tenure

Freehold

EPC

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Parking

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Spaces

2

Space
Space use
Size
Size
Primary use
High street retail
Other use(s)
Other, Other
Frontage
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Key features

  • 13 - let to Savers Health and Beauty Ltd expiring January 2036 at £25,000 pax
  • 15 - let to Sportswift Ltd t/a Card Factory expiring September 2027 at £22,500 pax
  • Total passing rent £47,500 pax reflecting an attractive NIY of 6.75%
  • Longer term development potential to convert uppers to residential
  • NIA - 5,651 sq ft (525 sq m)

Description

Let to Savers Health & Beauty Ltd

Additional information

Service charge
Ask agent
Business rates
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Size
Primary use
High street retail
Other use(s)
Other, Other
Frontage
Ask agent

Key features

  • 13 - let to Savers Health and Beauty Ltd expiring January 2036 at £25,000 pax
  • 15 - let to Sportswift Ltd t/a Card Factory expiring September 2027 at £22,500 pax
  • Total passing rent £47,500 pax reflecting an attractive NIY of 6.75%
  • Longer term development potential to convert uppers to residential
  • NIA - 5,651 sq ft (525 sq m)

Description

Let to Sportswift Ltd t/a Card Factory

Additional information

Service charge
Ask agent
Business rates
Ask agent

Key features

  • 13 - let to Savers Health and Beauty Ltd expiring January 2036 at £25,000 pax
  • 15 - let to Sportswift Ltd t/a Card Factory expiring September 2027 at £22,500 pax
  • Total passing rent £47,500 pax reflecting an attractive NIY of 6.75%
  • Longer term development potential to convert uppers to residential
  • NIA - 5,651 sq ft (525 sq m)

Description

RETAIL INVESTMENT OPPORTUNITY - TENANTS UNAFFECTED. The subject property comprises two prime retail units let to national retailers in the prime retailing pitch of Hinckley town centre.

13 Castle Street is let to Savers Health and Beauty Limited and 15 Castle Street is let to Sportswift Ltd t/a Card Factory. Both units comprise a highly prominent retail premises, arranged over three floors, which benefit from ancillary stores, kitchen and WC facilities to the rear and above.

Externally, there is a shared yard area to the rear of the properties, accessed from Church Walk.

There may be future development potential (STPP) to convert the upper parts to residential.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

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

Brochure

Castle Street, Hinckley, Leicestershire, LE10 1DA

NEAREST STATIONS

National Rail

Hinckley Station

0.44 miles

National Rail

Nuneaton Station

4.02 miles

National Rail

Bedworth Station

5.9 miles

About Wards Commercial, Hinckley

Wards Commercial, Hinckley

Wards Commercial provides a comprehensive range of professional services for the letting, sale and acquisition of commercial properties.

Wards have been the leading commercial agents in Hinckley and South West Leicestershire since establishment in 1988 and provide agency services for retail, office, industrial and warehouse premises in the Leicestershire, Warwickshire and wider Midlands markets.

Our team of qualified Chartered Surveyors utilise their exceptional knowledge of the local and regional property markets to ensure that the best outcome is achieved for our clients in an efficient timeframe.

Wards are able provide agency valuation advice for both sales and lettings on an informal basis prior to instruction on a no-obligation basis.

Wards are regulated by the Royal Institution of Chartered Surveyors (RICS) which offers our clients confidence and security as the firm practices to globally recognised ethical and professional standards and can be trusted to deliver high standards of service. We are also members of the RICS Client Money Protection Scheme which provides protection for clients in instances where an RICS Regulated firm is unable to repay a client’s money, up to the limits and exceptions set out in the scheme rules.

Wards are members of NAEA and ARLA Propertymark, representing the highest in property professionalism. There is no mandatory regulation of estate agents. The idea that ‘anyone can become an estate agent’ is not far from the truth. By using a NAEA Propertymark estate agent you are guaranteed to be consulting with a professional agent who can give you up-to-date advice and guidance.

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Disclaimer - Property reference 52017FH. 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 Wards Commercial, Hinckley . 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.