Castle Street, Hinckley

The subject property comprises mid-terrace restaurant premises, arranged over three floors, prominently situated on the pedestrianised Castle Street in Hinckley town centre.

Internally, the property comprises a ground floor bar and seating area, with a dining area and the main kitchen and stores to the rear. At first floor, there are further dining and bar areas with an attractive sun terrace to the rear. At second floor, there are male and female toilets, a store room and an office.

Externally, there is a small yard with a bin store.

The subject property is located in a prominent position on the pedestrianised section of Castle Street in Hinckley town centre, close to the junction with the non-pedestrianised section of the street. Adjacent occupiers include Marmalade Meringue gift shop, Jaspers of Hinckley home furniture shop, Aspire Interiors and the Country Crust café. Both on-street and pay and display car parking is available nearby.

Hinckley is a market town with a population in the order of 55,000 (Local Authority 112,000) lying approximately 13 miles to the south west of Leicester. The town enjoys good motorway communications with Junction 1 of the M69 Motorway being located on the south eastern fringe of the conurbation approximately 2 miles from the town centre. Hinckley railway station provides regular commuter services to Birmingham New Street and Leicester.

We understand that mains gas, electricity, water and drainage are connected to the subject property.

The property is available to lease on a new full repairing and insuring lease, for a term to be agreed, at a commencing rental of £20,000 per annum exclusive. Alternatively, the Freehold interest in the subject property is available, subject to vacant possession, at an asking price of £275,000.

As is standard, the ingoing tenant will be responsible for the landlord's legal costs incurred in the grant of any lease.

EPC Rating - B(49)