The subject property comprises former banking premises in the heart of Hinckley town centre. The property is Grade II listed and was constructed between 1802 and 1806 as the town hall and was later used as a public house before being converted to a bank in 1922.
The accommodation is arranged over four storeys, with a ground floor banking hall, first floor open plan area, office, kitchen area and male WC facilities and ladies WC to the second floor, along with storage to the basement in the former bank vaults.
The property is suitable for a variety of uses (subject to planning permission and local authority consents).
( Agency Pilot Software ref: 51732 )
Location
The subject property is located in a prominent position fronting onto the corner of Market Place and The Borough, in Hinckley town centre. Nearby occupiers include HSBC UK, Coral, TUI, Boots Optician and NatWest Bank. 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
NIA - 2,777 sq ft (258.0 sq m)
Terms
SERVICES We understand mains gas, electricity, water and drainage are connected to the subject property. Heating is by way of gas fired central heating serving panel radiators.
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: to be reassessed upon occupation THIS IS NOT THE AMOUNT PAYABLE
TENURE The property is available by way of assignment of an existing full repairing and insuring lease, at a passing rental of £30,000 per annum exclusive, for a term of 20 years from 22 June 2007. Rent review 29 September 2023. Alternatively, a sublease outside of the security of tenure provisions of the Landlord & Tenant Act 1954 may be available.
LEGAL COSTS Each party to bear their own legal costs.
ENERGY PERFORMANCE CERTIFICATE EPC Rating - D(96)
Specification
- Located in a prominent position on the corner of Market Place and The Borough
- Historic former town hall constructed in the early 1800s
- Arranged over four storeys
- Suitable for a variety of uses (STP)