112 Castle Street
Hinckley
Leicestershire
LE10 1DD
The Borough, Hinckley
£250,000 By Auction
2 Bedroom Business
- FOR SALE BY MODERN AUCTION
- SUBJECT TO RESERVE PRICE & RESERVATION FEE
- Spacious Dining Areas
- His and Hers W.Cs
- Bar and Kitchen
- First Floor Further Dining Areas and Bar
- First Floor Outside Terrace
- Second Floor Two Bedroomed Residential Apartment
- Prominent Town Centre Location
- A3 Commercial Use - Currently Tenanted
** FOR SALE BY MODERN AUCTION - A3 COMMERICAL USE - CURRENTLY TENANTED WITH A ROLLING ONGOING LEASE ** The current lease is £21,000 per annum and is trading as Inferno Restaurant and Bar.
The property is located on The Borough, a parade within Hinckley town centre. The surrounding area comprises predominately retail and leisure uses including pizzerias, restaurants, bars, nails and beauty. Hinckley's newest retail and leisure facility The Crescent has Cineworld, Sainsburys, TK Maxx, Poundland, Loungers, Prezzo and Wildwood.
Hinckley is a popular market town with a population of approximately 55,000 (local authority approximately 112,000). Leicester centre is 13 miles away and to the south west. Hinckley enjoys good road connections with the M69 and A5 close by and the Railway Station providing regular commuter services to Birmingham New Street and Leicester.
The accommodation enjoys spacious dining areas with bar area, ground floor men's and women's toilets, fully fitted kitchen and inner hall with staircase to first floor where there are further dining and seating areas, bar, toilets and access to a lovely outside terrace. On the second floor is the residential apartment enjoying living kitchen space, two bedrooms and a family bathroom.
VIEWING
By arrangement through the Agents.
FOR SALE BY MODERN AUCTION - AUCTION DETAILS
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
ENTRANCE
having two doors opening through to Dining Areas. Staircase to first floor dining area.
DINING SPACE - ONE
DINING SPACE - ONE
DINING SPACE - TWO
DINING SPACE - TWO
DINING SPACE - TWO
DINING SPACE - THREE
BAR AREA
DINING SPACE - FOUR
GROUND FLOOR MENS W.C.
GROUND FLOOR WOMENS W.C.
KITCHEN
KITCHEN
INNER HALL
having access to pantry and staircase to the first floor landing.
FIRST FLOOR DINING SPACE
Having steps up to further seating area and bar.
FIRST FLOOR SEATING AREA
having doors opening on to outside terrace area.
FIRST FLOOR BAR AREA
FIRST FLOOR INNER HALL
having staircase to Second Floor and pantry store.
FIRST FLOOR WOMENS W.C.
FIRST FLOOR MENS W.C.
FIRST FLOOR OUTSIDE TERRACE AREA
SECOND FLOOR APARTMENT - LIVING KITCHEN
4.95m x 4.54m (16'2" x 14'10" )having tv aerial point, central heating radiator, kitchen area with cupboards and inset sink with drainer, space and plumbing washing machine, space for tall standing fridge freezer. Upvc double glazed windows to front and rear.
SECOND FLOOR APARTMENT - INNER HALL
SECOND FLOOR APARTMENT - BEDROOM ONE
3.18m x 2.81m (10'5" x 9'2" )having central heating radiator.
SECOND FLOOR APARTMENT - BEDROOM TWO
3.96m x 1.94m (12'11" x 6'4" )having upvc double glazed window to front.
SECOND FLOOR APARTMENT - BATHROOM
having fully tiled shower cubicle, pedestal wash hand basin, white heated towel rail, low level w.c. and laminated wood effect flooring.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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