Marketed by
Wards Commercial
Hinckley
20 Station Rd, Hinckley LE10 1AW
Available
1 of 10
POA
13-15 Castle Street, Hinckley, Leicestershire, LE10 1DA
5651 sq. ft (524.99 m²)
Key features
- 13 - let to Savers Health and Beauty Ltd expiring January 2036 at ï½£25,000 pax
- 15 - let to Sportswift Ltd t/a Card Factory expiring September 2027 at ï½£22,500 pax
- Total passing rent ï½£47,500 pax reflecting an attractive NIY of 6.75%
- Longer term development potential to convert uppers to residential
- NIA - 5,651 sq ft (525 sq m)
Description
RETAIL INVESTMENT OPPORTUNITY - TENANTS UNAFFECTED. The subject property comprises two prime retail units let to national retailers in the prime retailing pitch of Hinckley town centre.
13 Castle Street is let to Savers Health and Beauty Limited and 15 Castle Street is let to Sportswift Ltd t/a Card Factory. Both units comprise a highly prominent retail premises, arranged over three floors, which benefit from ancillary stores, kitchen and WC facilities to the rear and above.
Externally, there is a shared yard area to the rear of the properties, accessed from Church Walk.
There may be future development potential (STPP) to convert the upper parts to residential.
13 Castle Street is let to Savers Health and Beauty Limited and 15 Castle Street is let to Sportswift Ltd t/a Card Factory. Both units comprise a highly prominent retail premises, arranged over three floors, which benefit from ancillary stores, kitchen and WC facilities to the rear and above.
Externally, there is a shared yard area to the rear of the properties, accessed from Church Walk.
There may be future development potential (STPP) to convert the upper parts to residential.
Reference: 52017_sales
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Marketed by
Wards Commercial
Hinckley
20 Station Rd, Hinckley LE10 1AW
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