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£40000 pa Tenant Info

Market Place, Hinckley

  • Available On: 08/11/2018

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 £45,000 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 will be charged on the rent and any additional costs as the property is elected to tax. 

Legal Cost 

Each party is responsible for their own legal fees. 

Viewing 
Viewing is strictly by prior appointment via Belvoir Hinckley who can be contacted on 01455 634735 

Parking 

No Parking is included with the property. Town centre short and long term parking is available. 

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