£1,500,000

Industrial for sale

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Freehold

£1,500,000

(£33.81/sq. ft)

Industrial for sale

John Street, Hinckley, Leicestershire LE10

44,367 sq. ft

Local area information

Property location

Nearby amenities

  • Hinckley Parks Primary School 0.3 miles
  • Saint Peter's Catholic Primary School, A Voluntary Academy 0.3 miles
  • Hinckley (Leics) 0.8 miles
  • Nuneaton 4.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Hinckley to find out more about the local area.

Features and description

  • Freehold
  • 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)
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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  1. Zoopla
  2. Commercial for sale
  3. Leicestershire
  4. Hinckley
  5. John Street