Syndicate Type: Income
Asset Type: Retail
Property Address: 29/31 Castle Street, Hinckley, LE17 9AY
Tenant: W H Smith (Holdings) Plc
Lease Expiry: 24/09/2017
Passing rent: £70,000
p.The subject Property is located in Hinckley, approximately 17 miles south west of Leicester city centre. The property is located on the south side of Castle Street, a part pedestrianised street within the retail core of Hinkley town centre. Neighbouring occupiers include New Look, Dunelm Mill, JD Sports, The Carphone Warehouse and B&M Bargains.
The property comprises a three storey building of brick construction beneath a pitched tile roof which dates from the early 1900s.
The property provides a large retail are on the ground floor, with a storage area with concertina loading door to the rear. The first floor also has a smaller retail area, as well as a storage area and kitchen.
Accomodation to the second floor is currently not in use by the tenants. The retail sales areas have been fitted out to the tenant’s standard corporate design with suspended ceiling, inset lighting and air conditoning cassettes. A passenger lift provides access between the ground and first floors.