Originally built as The High Cross Hosiery Factory in 1932 for the Atkins Brothers, to make mens underwear under the trademark of 'High Cross'. The available areas comprises industrial accommodation to the first and second floor, which may be suitable for other uses (subject to planning permission). The property benefits from a goods lift and communal WC facilities. The working height is 2.5m to the first floor and 3.5 to the second floor.
( Agency Pilot Software: 50564 )
Location
The rooms are located within the landmark Art Deco High Cross Building, in a highly prominent location within Hinckley town centre. The surrounding area is mainly of a retail/leisure nature, with public houses and restaurants nearby. Hinckley's recent retail/leisure development 'The Crescent' is 100m from the property with tenants including Loungers, Prezzo, Wildwood and Cineworld.
Hinckley is a market town with a population in the order oof 55,000 (Local Authority 112,000) approximately 13 miles to the south west of Leicester. The town enjoys good motorway communications with junction 1 of the M69, being located on the south eastern fringe of the conurbation approximately 2 miles from the town centre. Hinckley railway station offers regular commuter services to Birmingham New Street and Leicester and is circa 0.5 miles from the subject property.
Accommodation
First Floor - Industrial - 3,441 sq ft (319.67 sq m)
Second Floor - Industrial - 3,249 sq ft (301.83 sq m)
Total - 6,870 sq ft (638.22 sq m)
Terms
SERVICES - Each floor has its own mains electricity enabling each occupier to contract with their chosen supplier.
Mains water and surface water costs are covered by the Service Charge.
LICENCE TO OCCUPY - The floors are available on monthly rolling licences at the following rates:
First Floor - £1,150 per calendar month
Second Floor - £1,100 per calendar month
SERVICE CHARGE - Service Charge per floor (in addition to the licence fee) is as follows:
First Floor - £630 per calendar month
Second Floor - £620 per calendar month
BUILDINGS INSURANCE - The licensee is to reimburse the licensor the apportionment of the Building Insurance attributable to the area occupied. The contribution per floor is as follows:
First Floor - £160 per calendar month
Second Floor - £161 per calendar month
NON DOMESTIC RATES - The licensee will reimburse the licensor the apportionment of the NDR for the area that they occupy. An apportionment of NDR’s is payable per floor as follows:
First Floor - £193 per calendar month
Second Floor - £182 per calendar month
LEGAL COSTS - As is standard, the ingoing tenant will be responsible for the landlord's legal costs incurred in the grant of any licence.
ENERGY PERFORMANCE CERTIFICATE - Not required.
VALUE ADDED TAX - All transactions stated are exclusive of Value Added Tax.
Specification
- Prominent town centre location
- Communal kitchen and WC facilities
- Goods lift from ground level
- Suitable for a variety of uses (subject to planning)
- GIA from 3,249 sq ft (301.8 sq m) to 6,690 sq ft (621.5 sq m)