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No longer on the market

This property is no longer on the market

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Sold STC
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Features and description

  • Tenure: Freehold
  • Commercial investment
  • Freehold, subject to existing lease. Let on a 10 year lease from February 2019 at £12,000 pax with a 5th year rent review.
  • Guide price: £150,000 £170,000

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Sold for £158,000 For Sale by Public Auction on03/03/2021

Location:
The property is located in the village centre, between Barwell Parish Council and Co-operative Food, within a parade of shops at the junction of Stapleton Lane.

Description:
An extended 2 storey retail unit of approximately 1,152 sqft with ground floor newsagents and first floor storage space.

Accommodation:
Ground Floor (extended):
Retail area: 738 sqft (68.7 sqm)
Office: 127 sqft (11.8 sqm)
GIA: 865 sqft (80.5 sqm)

First Floor:
Store Room, kitchenette, WC.
GIA: 287 sqft (26.7 sqm)

Total GIA: 1,152 sqft (107.2 sqm)

Outside:
Small rear yard.

Planning:
Potential to extend the first floor and convert to residential subject to planning.
Local Authority: Hinckley & Bosworth Borough[use Contact Agent Button].

Tenure
Freehold, subject to existing lease.
Let on a 10 year lease from February 2019 at £12,000 pax with a 5th year rent review.

Energy Performance Certificate:
Rating 108, Band E.

Solicitors
Thomas Flavell & Sons, 4 Wood Street, Earl Shilton, Leicestershire LE9 7ND
[use Contact Agent Button] ~ Ref: G Hammond

Property information from this agent

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About this agent

Kal Sangra Shonki Brothers - Auction House
Kal Sangra Shonki Brothers - Auction House
85 Granby Street Leicester, Leicestershire LE1 6FB
0116 484 9720
Full profileProperty listings
Established in 1966, Shonki Brothers, were the first Asian Estate Agents in England. “Customer First” is and will always be our ethos, with this in mind our
service is delivered with a fresh and enthusiastic approach by an experienced and friendly team which is second to none.
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