Rent £55,000 pax
Former Yorkshire Bank, 5 Market Place, Hinckley, LE10 1NT The former Yorkshire bank occupying the ground floor and first floor with an approx. 3,428 SQ FT, split 1,921 on the ground floor and 1,507 on the first floor. The space is currently vacant with the former tenant closing the doors in June 2017. The current lease expires in August 2019, the space can be available sooner subject to negotiations with the outgoing tenant. Prominently situated in the centre of the market town of Hinckley surrounded by retail, offices and leisure/licensed premises. Great retail or restaurant opportunity subject to planning.
Location The property occupies the corner of Market Place and fronts on to the Borough. The popular market operates adjacent to the property and is there on a Monday, Friday and Saturday. The town has a smaller shopping centre called the Britannia shopping centre close by which boasts the new Crescent scheme which is now open and trading. It is located within walking distance from the town centre and is anchored by a Sainsbury's superstore, Cineworld multiplex and Simply Gym. Other outlets are secured by Costa, Burger King, Prezzo and Loungers. The property is located in the centre of the town of Hinckley, the second largest market town in Leicestershire, after Loughborough. The town is located approximately 15 miles North of Coventry which is easily accessed by the M69 and M1 and approximately 14 miles South West of Leicester. Property Description The accommodation is arranged on ground and first floors within an attractive building having brick and rendered elevations under a pitched and tiled roof. Other units are occupied within Clarence House including tenants such as Barclays Bank, offices and a cafe. Accommodation Formerly occupied by Clydesdale Bank (trading as Yorkshire) 3428 SQ FT ground and first floor. The ground floor is approximately 1,921 square feet The first floor is approximately 1507 square feet Amenities Located in the heart of Hinckley town centre close to all retail and leisure amenities within this market town. Services We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent. Service Charge Management information is available on request, service and management fees are paid on addition to the rent by all tenants Terms Offered for let on a new 10 year lease at a passing rent of £55,000 per annum plus vat - other terms are flexible and subject to negotiation. Rates We are advised by the valuation office agency website that the current rateable value is £46,750 - for more information please contact the relevant local authority. VAT VAT will be charged on the rent and any additional costs as the property is elected to tax. Legal Costs Each party is responsible for their own legal fees. Viewing Viewing is strictly by prior appointment via the sole agents Moores Commercial Tel: 01664 431330 or via email
[email protected] Parking No Parking is included with the property. Town centre short and long term parking is available. Other Finance may be available through Independent Financial Brokers and Moores Commercial would be please to make an introduction for you. The Brokers are completely Independent of Moores Commercial and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details.
Contact Details 36 High Street Oakham Rutland LE15 6AL www.moorescommercial.com %epcGraph_c_2_210%
Email:
[email protected] Tel: 01664 431330
Important; we would like to inform prospective purchasers that these sales particulars have been prepared as a general guide only. A detailed survey has not been carried out, nor the services, appliances and fittings tested. Room sizes should not be relied upon for furnishing purposes and are approximate. If floor plans are included, they are for guidance only and illustration purposes only and may not be to scale. If there are any important matters likely to affect your decision to buy, please contact us before viewing the property.