Summary - 41, REGENT STREET LE10 0BA
11 bed 1 bath Hotel
Central 11-bedroom hotel and pub with parking — auction 29 Oct 2025, suited to investors.
Long leasehold: 999 years from 1993 (967 years remaining)
A long-standing leasehold hotel and public house in the heart of Hinckley town centre, offered at auction with a guide price of £475,000. The property includes 11 letting bedrooms (two en-suite), a studio flat, three one-bedroom flats (one used as managers' accommodation), two bars across ground and first floors, kitchen and function-room facilities, ancillary offices, storage and a cellar. Ample off-street parking is provided to the rear via Trinity Lane. The lease runs for 999 years from December 1993 (967 years remaining) with a peppercorn ground rent.
This lot suits investors or owner-operators seeking an immediate trading asset or conversion/redevelopment opportunity. The building has scope to let to the council and benefits from an EPC rating of C, double glazing and excellent mobile and fast broadband connectivity. Its central position places it close to The Crescent retail/leisure development and a range of town-centre amenities and transport links.
Buyers should note material negatives: the property sits in an area of high crime and local deprivation, the building is solid brick with assumed no wall insulation, heating is electric storage heaters, and some parts will require repair or refurbishment to modernise letting accommodation and communal areas. Ground-floor retail units fronting Regent Street are excluded from the sale. The sale will be by unconditional auction on 29 October 2025; bidders must allow for the 10% deposit and a 1.5% buyers’ fee (non-refundable).
Interested parties must review the legal pack for full lease, service charge and special condition details before bidding. This is a practical, high-potential central asset for a buyer prepared to invest in refurbishment, management or change of use to extract long-term value.
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