Property Description

A longstanding long leasehold hotel and public house in the heart of Hinckley town centre. The business has been traded by the current owners since 2000 and the offering includes hotel accommodation, with 11no. Letting Bedrooms (2no.Ensuite), 1no. Studio Flat and 3no. One Bedroom Flats (including a Managers Flat), and a public house, with two bars on the ground and first floors, with Kitchen and Function Room facilities and ancillary office and storage accommodation. There is ample car parking available to the rear of the property, accessed from Trinity Lane. Please note that the ground floor retail units, fronting Regent Street, are in different ownership and are therefore not included within the sale. The property is located on Regent Street, a secondary parade within Hinckley town centre. The surrounding area comprises predominantly retail/leisure uses, with nearby occupiers including Papa Johns Pizza, Ponchinellos Pizzeria, Scope, LA Nails and Beauty Spa and a variety of other predominantly independent retailers. Hinckleys recent retail/leisure development The Crescent is 150m from the property with tenants including Cineworld, Sainsburys, TK Maxx, Poundland, Loungers, Prezzo and Wildwood. Hinckley is a market town with a population in the order of 55,000 (Local Authority 112,000) lying approximately 13 miles to the south west of Leicester. The town enjoys good motorway communications with Junction 1 of the M69 Motorway being located on the south eastern fringe of the conurbation approximately 2 miles from the town centre. Hinckley railway station provides regular commuter services to Birmingham New Street and Leicester. The accommodation comprises:

Store

41 Sq. Ft. 3.81 Sq. M.

Bar Area

1,235 Sq. Ft. 114.73 Sq. M.

Restaurant

535 Sq. Ft. 49.7 Sq. M.

Kitchen

218 Sq. Ft. 20.25 Sq. M.

Store

47 Sq. Ft. 4.37 Sq. M.

Function Room 1

352 Sq. Ft. 32.7 Sq. M.

Function Room 2

189 Sq. Ft. 17.56 Sq. M.

Managers Office

64 Sq. Ft. 5.95 Sq. M.

Laundry Room

71 Sq. Ft. 6.6 Sq. M.

Basement Cellar

93 Sq. Ft. 8.64 Sq. M.

NIA Total

2,846 Sq. Ft. 264.39 Sq. M.

Leasehold Information

999 years from 10 December 1993. Peppercorn ground rent. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure

Leasehold

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