The subject property comprises a ground floor retail unit situated in a popular neighborhood parade.
The accommodation comprises a retail sales area, with ancillary storeroom and WC facilities.
Externally, there is car parking to the front elevation and a yard area to the rear.
( Agency Pilot Software ref: 50698 )
Location
The subject properties are located in a parade of suburban retail units, with residential flats above, on Atkins Way, a predominantly residential location within the village of Burbage. Adjacent occupiers include Jade Wok Chinese takeaway, Charlotte's Beauty, Geezers Barber and Atkins Way Store. The Woolcomber public house is located directly opposite the parade. Burbage is a popular residential village effectively forming a suburb of the conurbation of Hinckley to its south eastern fringe. 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
506 sq ft (47.0 sq m)
Terms
SERVICES We understand mains electricity, water and drainage are connected to the subject property. Heating is by way of storage heaters.
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: £6,600 THIS IS NOT THE AMOUNT PAYABLE
TENURE The property is available by way of assignment of an existing effective full repairing and insuring lease (by way of service charge), at a passing rental of £7,200 per annum exclusive, for a term of 10 years from 1 May 2024. Break date 1 May 2029. Rent reviews 1 May 2027, 1 May 2030 and 1 May 2033. Alternatively, a lease of longer duration may be available directly from the Landlord.
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 - D(100)
Specification
- Situated in a popular neighborhood parade ~
- Rear yard area
- Car parking to the front elevation
- Suitable for a variety of uses (STP)