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Investment

Investment For Sale Hinckley

PROPERTY ID: 140877

PROPERTY TYPE

Investment

STATUS

Available

SIZE

44,367 sq.ft

Key Features

Fully let to three tenants
Gross passing rental £117,500 per annum
Low average passing rent of £2.65 per sq ft
Residential development potential (STPP)
GIA - 44,367 sq ft (4121.8 sq m)

Property Details

The Subject Property Comprises A Former Two-storey Hosiery Factory Which Has Been Converted To Form Individual Commercial Units Within The Same. There Are Communal Loading Areas Serving The Majority Of The Units, Together With Some Communal Toilet Facilities. The Units Themselves Are Situated At Both Ground And First Floor Level, With The First Floor Areas Benefiting From Lift Access. There Is A Parking Area For The Property Offering 22 Spaces Accessed From John Street, A Further 15 Spaces On Victoria Street And An Additional 3 Spaces Adjacent To The Property On Victoria Street. The Floor Areas Do Not Include The Communal Loading And Corridor Areas, Which Are Also Extensive. The Total Site Area Is In The Order Of 1.01 Acres (0.41 Hectares).

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About the Agent

Wards Commercial

See Agent's Other Properties

Investment Unit

£1,500,000 Freehold

Davenport Business Centre,John Street, Hinckley, LE10 1UZ
Investment - Available
44,367 sq ft
4,122 sqm
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