86 and 86a Castle Street, Hinckley LE10 1DD
£175,000Coventry
Warwickshire
CV1 1DY
Description
- Commercial Property
The property is located in an area of mixed residential, and commercial development at the top end of Castle Street and just outside the pedestrianised Hinckley town centre where other professional offices are represented, along with various retail units, barbers and takeaways.
The property occupies a reasonably prominent corner position where Castle Street meets with New Buildings, with this section of road being a fairly busy thoroughfare for traffic by-passing the Hinckley town centre.
Hinckley itself is an expanding Leicestershire market town with a population of some 55,000 inhabitants (local authority 87,000), lying approximately thirteen miles to the south west of Leicester.
The property comprises a semi-detached mixed commercial and residential investment property consisting of commercial premises at ground floor level (trading as The Independent Mortgage Centre) and with a separate self-contained one bedroomed flat at first floor level, having its own independent access at the rear.
The property stands flush fronted to the pavement and incorporates part of the driveway at the side of the building which is currently shared for parking with the neighbouring property, 88 Castle Street.
The property is currently subject to an existing commercial lease and a periodic tenancy in respect of the domestic part generating combined rental of £14,380 per annum excl.
Accommodation:
Ground Floor: 566.00 sqft
First Floor: 530.00 sqft
Total: 1,096.00 sqft
Key Facts
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