84 Castle Street, Hinckley, Leicestershire, LE10 1DD

Description

84 Castle Street comprises a semi detached, corner building - a period property with accommodation over two floors. The ground floor has a predominantly glazed display 14M long frontage to this corner position. The upper floor is of nine inch solid brick, providing 2 offices, store, w c and kitchen. The building being principally surmounted by a pitched tiled roof, with a small flat felt roof over part.

Ground floor estate agency 57.7 sq.m (621 sq.ft)
First floor accommodation 28.7 sq.m (309 sq.ft)
WC accommodation

Location

Castle Street is prime central Hinckley, the location of 84 being identified on the attached location plan. Situated at the point where Castle Street is pedestrianised and at the junction with new buildings, it is very prominent to both pedestrians in the town centre and vehicles passing through.

Services

All mains services are connected.

Tenure

Freehold, subject to an occupational lease.
For sale as an investment, the property is let to National Home Move Ltd, following an assignment from Your-Move.Co.UK Ltd. The lease is for a term to expire 8th February 2028. The lease being excluded from Sections 24-28 inclusive of the Landlord & Tenant Act 1954. There is a tenant break clause on the 24th March 2026. The current passing rent is £17,900 per annum, exclusive.

National Home Move Ltd was registered in 2019, and for the year ended December 2022 had a turn over of £11.3m.

Planning

Class E

Rent

Price
Offers in excess of £200,000 freehold.

Rent Income
£17,900 per annum exclusive.

Rates

The rateable value for the current year is £11,750.

Legal Costs

Each party will meet their own legal costs.

EPC

B 48

86 sq m (930 sq ft) overall