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**SHORT TERM LETTING AVAILABLE**, Regent Street, Hinckley, LE10

3,539 Sq Ft / Retail / General Retail

To Let - £19,328.00 per annum

Available - Last updated: 01 December 2020

The subject property essentially comprises of a ground floor retail premises with office, stores and WC facilities to the rear. At first floor there is a showroom area which conveys light and space with ancillary storage areas at second floor. Externally there is a large car park to the rear of the property, with parking for circa 20 vehicles.

Location

The subject property is located within Hinckley town centre, having a prominent frontage to Regent Street, which is a good secondary retailing position within the town centre. Nearby occupiers include Wightmans jewellers, The Baron Public House and other retail and leisure related uses. Additionally, there is on-street short term parking situated directly opposite the subject property.

Hinckley is a market Town with a population in the order of 55,000 (Local Authority 87,000) lying 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.

Accommodation

Ground Floor

Retail Sales Area – 1,421 sq.ft (132.0 sq.m)

Stores – 604 sq ft (56.1 sq m)

Office – 54 sq ft (5 sq m) 

Kitchen Area – 59 sq.ft (5.5 sq.m)

WC Facilities

First Floor

Showroom – 595 sq ft (55.2 sq m)

Office – 144 sq ft (13.3 sq m)

Second Floor

Stores – 662 sq ft (61.5 sq m)

Terms

Services – Mains electricity, water and drainage are connected to the property.

Rates – As a result of web a enquiry only, we are informed that the entries appearing in the Rating List of the Hinckley & Bosworth Borough Council was:

Rateable Value: £16,500

THIS IS NOT THE AMOUNT PAYABLE
The actual liability may be subject to relief and / or downward phasing in respect of which regulations are made from time to time. We have not investigated the amount actually payable in respect of the subject property, but would be happy to do so if instructed.

Tenure – The property is available by way of a sub-letting at a commencing rental of £19,328 per annum exclusive. The headlease expires on 28 February 2021 therefore any subletting must expire on or before 27 February 2021. Any subletting will be excluded from the security of tenure provisions within the Landlord & Tenant Act 1954. Alternatively, a lease of longer duration may be available direct from the Landlord.

Legal Costs – Each party to bear their own legal costs

EPC – Rating D

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £19,328.00 per annum

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Contact agents

Harry Ward

Wards Commercial

01455 870320



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