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Subway, Castle Street, Hinckley, Leicestershire

£225,000

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Size

753

Tenure

Leasehold

EPC

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Parking

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Primary use: High street retail
Frontage: Ask agent

No floor / site plan

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Description

Description
• Virtual freehold held on a 999-year term from completion at a peppercorn rent.
• Town centre retail investment situated on the prime pedestrianised Castle Street close to Market Place and within walking distance of The Britannia Shopping Centre.
• Entirely let to Subway Realty Limited, benefiting from a strong high street pitch with nearby occupiers including Boots, Greggs, New Look, The Fragrance Shop, Coral, HSBC, Clarks, B&M and various local retailers.

Tenancy
• Let to Subway Realty Limited (CRN: 04174473) on a 15-year lease from 8 February 2016, expiring 7 February 2031.
• Tenant break option in February 2026 was not exercised.
• Outstanding rent review in February 2026.
• Passing rent of £18,000 per annum exclusive.
• For the year ending 31 December 2024, Subway Realty Limited reported a turnover of £49,216,949, a pre-tax profit of £3,908,603 and total equities of £13,255,213.

Property
• Ground floor retail unit extending to approximately 71 sq m (753 sq ft) with rear loading via Church Walk.

Location & connectivity
• Prominent position on the south side of Castle Street, a prime pedestrianised retail thoroughfare in Hinckley town centre.
• Approximately 13 miles south-west of Leicester and 4 miles north-east of Nuneaton, with good road links via the A47, M69 and A50.
• Hinckley Railway Station is nearby, with further connectivity via Birmingham Airport and East Midlands Airport.

Additional notes
• VAT is applicable to this lot.

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Additional information

Service charge: Ask agent
Business rates: Ask agent
Use class: Ask agent
Listed building: Ask agent

Leasehold: 999 years left

Tenure: Leasehold

Length of lease: 999 years left

Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Subway, Castle Street, Hinckley, Leicestershire

NEAREST STATIONS

Hinckley Station

0.43 miles

Nuneaton Station

3.99 miles

About PRIDEVIEW AGENCY LLP, Middlesex

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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Disclaimer - Property reference 22665. 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 PRIDEVIEW AGENCY LLP, Middlesex. 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.

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Subway, Castle Street, Hinckley, Leicestershire

753

Leasehold

Description

Subway, Castle Street, Hinckley, Leicestershire

About PRIDEVIEW AGENCY LLP, Middlesex

Your search history

Subway, Castle Street, Hinckley, Leicestershire

753

Leasehold

Description

About PRIDEVIEW AGENCY LLP, Middlesex

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