Regent Street, Hinckley

The property comprises a fully fitted ground floor barber shop situated in Hinckley town centre.

The accommodation comprises a salon area with change in level, store to rear and external WC. The property benefits from part LED lighting, electric heating and linoleum flooring.

The property is suitable for alternative uses (subject to planning permission).

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 Keysound music shop, 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 is located approximately 600m from the property and provides regular commuter services to Birmingham New Street and Leicester.

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

The property is available by way of an assignment of an existing effective full repairing and insuring lease (by way of service charge) at a passing rent of £65,000 per annum exclusive. Upwards only rent review and break option 9 March 2029, subject to 6 months prior written notice.

As is standard, the ingoing tenant will be responsible for the landlord's legal costs incurred in the grant of a new lease and rent deposit deed.

EPC Rating - D(93)