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Regent Street, Hinckley

  • Double fronted
  • Arranged over three floors
  • Town centre location
  • Stores and offices
  • Large car park to rear
  • Redevelopment potential (STP)
  • NIA - 3,539 sq ft (328.7 sq m)
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Retail

For Sale: £275,000 , To Rent: £15,000 Per annum

3,539 Sq Ft (328.77 Sq M)

The subject property comprises ground floor retail premises with office, stores and WC facilities to the rear. At first floor there is a showroom area which conveys light and space with ancillary storage areas at second floor. Externally there is a large car park to the rear of the property, with parking for circa 10 vehicles. . In more detail, the accommodation comprises the following on a Net Internal Area (NIA) basis: Ground Floor Retail Sales Area - 1,421 sq ft (132.0 sq m) Stores - 604 sq ft (56.1 sq m) Office - 54 sq ft (5 sq m) Kitchen Area - 59 sq ft (5.5 sq m) WC Facilities First Floor Showroom - 595 sq ft (55.2 sq m) Office - 144 sq ft (13.3 sq m) Second Floor Stores - 662 sq ft (61.5 sq m) NIA - 3,539 sq ft (328.7 sq m)
The subject property comprises of a ground floor retail premises with office, stores and WC facilities to the rear. At first floor there is a showroom area with ancillary storage areas at second floor. The property is located in a prominent position on a secondary parade within Hinckley town centre. Externally there is a large car park to the rear of the property, with parking for circa 10 vehicles.

The property is located on Regent Street, a secondary parade within Hinckley town centre. The surrounding area comprises predominantly retail/leisure uses, with nearby occupiers including Papa John's Pizza, Ponchinellos Pizzeria, Scope, LA Nails & Beauty Spa and a variety of other predominantly independent retailers. Hinckley's recent retail/leisure development 'The Crescent' is 150m from the property with tenants including Cineworld, Sainsbury's, TK Maxx, Poundland, Loungers, Prezzo and Wildwood. 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 are advised that the subject property is held freehold.

Alternatively, the property is available to lease on a new full repairing and insuring lease, at a commencing rental of £15,000 per annum exclusive.

EPC Rating - D(77)

For more information please get in touch with our property experts

Harry Ward
Chartered Surveyor and RICS Registered Valuer
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