Regent Street, Hinckley
- Ground floor sold with vacant possession
- First floor flat passing rent £400 pcm
- Popular town centre location
- Air conditioning to ground floor
- NIA - 1,022 sq ft (94.9 sq m)
Retail
For Sale: £165,000
1,022 Sq Ft (94.94 Sq M)
Description
The property comprises a lock-up tattoo studio with one bedroom flat above located in a prominent position on Regent Street in Hinckley town centre.
The ground floor commercial unit benefits from air conditioning, prominent window displays, together with a suspended ceiling, spot lighting and an alarm system.
To the first floor, there is a one bedroom flat briefly comprising: Kitchen/Living Room, Bedroom and Bathroom. The flat benefits from gas fired central heating and UPVC double glazing.
Location
The property is located on Regent Street, a secondary parade within Hinckley town centre. The surrounding area comprises predominantly retail/leisure uses, with adjacent occupiers including a variety of independent retailers.
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.
Accommodation
| Size | Description | |
|---|---|---|
| Ground | 273 Sq Ft (25.36 Sq M) | Sales Area |
| Ground | 75 Sq Ft (6.97 Sq M) | Kitchen |
| Basement | 1 - 123 Sq Ft (0.09 - 11.43 Sq M) | Store |
| Ground | 1 - 57 Sq Ft (0.09 - 5.3 Sq M) | Office |
| First | 494 Sq Ft (45.89 Sq M) | Residential |
Services
We understand that mains gas, electricity, water and drainage are connected to the property.
To the commercial parts, heating and cooling to the sales area is by way of an air conditioning unit. To the first floor flat, there is a gas fired central heating system.
Planning
We understand the retail unit was granted planning permission for use as a Tattoo Parlour (sui generis) in December 2020.
Tenure
The Freehold interest in the subject property is available at an asking price of £165,000.
The ground floor will be sold with vacant possession. The first floor will be sold subject to the occupational agreement in place which we are advised is an Assured Shorthold Tenancy (AST) at a passing rent of £400 per calendar month for a term of 12 months from 5 January 2026.
Legal Costs
Each party to bear their own legal costs.
Energy Performance Certificate
Commercial EPC - C(70)
Residential EPC - E(40)