Located in the centre of Hinckley (the second largest town in Leicestershire).
Attractive and affluent town 12 miles south west of Leicester, easily accessed from London via M1.
100% Prime location within the town centre (situated opposite Santander and Dorothy Perkins).
Accommodation totals approx. 14,300 sq ft and has 6 car parking spaces.
Total current income of £163,579 pa from 15 tenants:
The income is reversionary by at least 10%.
Offers are invited in excess of £1,700,000 (One Million Seven Hundred Thousand Pounds) reflecting a Net Initial Yield of 9.06% and a Net Reversionary Yield of 9.95% (assumes purchaser’s costs at 6.18%) and a low capital value of approximately £119 per sq ft.