The subject property comprises a prominent mid-terraced single storey retail premises in close proximity to Hinckley's flagship retail/leisure scheme 'The Crescent'. The property has most recently been used as a restaurant and bar and comprises a mixture of sales areas, with ancillary kitchen, stores and WC facilities.
We are advised that the property benefits from planning permission for Commercial Use Class E and Sui Generis (Hot Food Takeaway and Public House).
( Agency Pilot Software ref: 51897 )
Location
The property is located on Waterloo Road in Hinckley, adjacent to Hinckley's flagship retail/leisure scheme 'The Crescent'. Adjacent occupiers include Iceland, Sainsbury's and TK Maxx. The property is in close proximity to the town's main bus station. Hinckley railway station is approximately 0.25 miles away and offers regular services to Birmingham New Street and Leicester. 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.
Accommodation
1,314 sq ft (122 sq m)
Terms
SERVICES We understand that mains electricity, water and drainage are connected to the property.
BUSINESS RATES As a result of internet enquiry only, we understand that the Rateable Value for the subject property appearing in the Rating List of the Hinckley & Bosworth Borough Council is: Rateable Value: £11,750 THIS IS NOT THE AMOUNT PAYABLE
TENURE The property is available on effective full repairing and insuring terms (by way of service charge), for a term of years to be agreed, at a commencing rental of £16,800 per annum exclusive.
LEGAL COSTS As is standard, the ingoing tenant is to cover the landlord's legal costs in respect of the lease and rent deposit deed.
ENERGY PERFORMANCE CERTIFICATE EPC rating - E(108)
Specification
- Planning permission for Commercial
- Use Class E and Sui Generis Rental
- Incentives Available
- Adjacent to Hinckley's flagship retail & leisure scheme, The Crescent
- Car parking available nearby