£675,000

Retail premises for sale

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Just added
Freehold

£675,000

(£119.45/sq. ft)

Retail premises for sale

Castle Street, Hinckley, Leicestershire LE10

5,651 sq. ft

Local area information

Property location

Nearby amenities

  • St Mary's Church of England Primary School, Hinckley 0.1 miles
  • Saint Peter's Catholic Primary School, A Voluntary Academy 0.4 miles
  • Hinckley (Leics) 0.4 miles
  • Nuneaton 4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Hinckley to find out more about the local area.

Features and description

  • Freehold
  • 13 - let to Savers Health and Beauty Ltd expiring January 2036 at £25,000 pax
  • 15 - let to Sportswift Ltd t/a Card Factory expiring September 2027 at £22,500 pax
  • Total passing rent £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)
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.

Floor plans and tours

Floor plans (1)

1 floor plan available

View the floor plan to understand the space and layout of this property.

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  1. Zoopla
  2. Commercial for sale
  3. Leicestershire
  4. Hinckley
  5. Castle Street