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5 The Borough 2,896 sq ft 100% Let Retail Property Hinckley LE10 1NL £555,000 (£191.64/sq ft)

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INVESTMENT HIGHLIGHTS

  • PRIME NEW LISTING. We are excited to present this tenanted mixed-use property with a commercial and residential component located within a prime location in 5 The Borough, Hinckley, LE10 1NL.
  • For rental investors, this entire unit is currently tenanted and generates a remarkable £80,800 in rent per annum, offering the potential for an exceptional gross yield at the guide price.
  • Positioned in a prime location, the property is conveniently surrounded by a myriad of local amenities and facilities, enhancing its appeal to both commercial and residential tenants.
  • 9, The Borough, Hinckley LE10 1NL previously sold for £500,000. 4, Priesthills Road, Hinckley LE10 1AJ previously sold for £550,000.*.
  • The property is being offered at an attractive price to secure an auction sale, presenting a unique opportunity for investors and buyers alike.

EXECUTIVE SUMMARY

• PRIME NEW LISTING. We are excited to present this tenanted mixed-use property with a commercial and residential components located within a prime location Hinckley, LE10 1NL.
• **9, The Borough, Hinckley LE10 1NL previously sold for £500,000. 4, Priesthills Road, Hinckley LE10 1AJ previously sold for £550,000.*
• For rental investors, this entire unit is currently tenanted and generates a remarkable £80,800 in rent per annum, offering the potential for an exceptional gross yield if achieved at the guide price.
• The property is being offered at an attractive price to secure an auction sale, presenting a unique opportunity for investors and buyers alike.
• Positioned in a prime location, the property is conveniently surrounded by a myriad of local amenities and facilities, enhancing its appeal to both commercial and residential tenants.
PRIME NEW LISTING. We are excited to present this tenanted mixed-use property with a commercial and residential component located within prime location in 5 The Borough, Hinckley, LE10 1NL.
The property comprises three floors, featuring a welcoming café / restaurant and spacious, comfortable residential space currently being used as a HMO
Positioned in a prime location, the property is conveniently surrounded by a myriad of local amenities and facilities, enhancing its appeal to both commercial and residential tenants.
Hinckley is a vibrant market town located in Leicestershire. With a rich historical background, it boasts an array of modern amenities, excellent transport links, and a thriving local community. The area offers a blend of historical charm and contemporary living, making it an attractive place for both residents and businesses.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Local Shop
Property Size
2,896 sq ft
Costar Property Class
B
Year Built
1940
Price
£555,000
Price per sq ft
£191.64
Occupancy Rate
100%
Number of Floors
3

NEARBY MAJOR RETAILERS

Snap Fitness 24/7
Costa Coffee
Sainsbury's
Iceland
Coventry Building Society
Barclays
HSBC
Santander
NatWest
Lloyds Bank Plc
  • Listing ID: 36585026

  • Date on Market: 02/07/2025

  • Last Updated:

  • Address: 5 The Borough, Hinckley LE10 1NL

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