Summary - 52, CASTLE STREET LE10 1DB
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- **Large Retail Space:** Approximately 3,711 sq ft across two stories.
- **Prime Location:** Situated on Castle Street, Hinckley, with high foot traffic near Britannia Shopping Centre.
- **Stable Income:** Currently leased to Armstrong Fitness Limited for £30,000 per annum until 2026, with strong demand in the area.
- **Off-Street Parking:** Convenient parking options available nearby.
- **Flexible Design:** Open-plan layout allows for numerous retail possibilities.
**Concerns:**
- **High Crime Rate:** Local area noted for high crime statistics.
- **Deprived Zone:** Potential buyers should consider the impact of area deprivation on business viability.
This impressive two-storey retail property at 52 Castle Street, Hinckley, presents a unique investment opportunity, offering significant space for retail innovation and revenue generation. With 3,711 sq ft of open-plan interior, it's well-suited for diverse business models, from fitness to retail ventures. The central location, surrounded by popular brands and excellent public transport links, ensures strong visibility and foot traffic. Current rental income offers immediate return on investment, though potential owners should consider local concerns such as high crime rates and area deprivation.
This freehold property, with the flexibility for renovations, is ideal for both seasoned investors and first-time commercial buyers looking to capitalize on Hinckley’s bustling market. Don’t miss out on securing a piece of this prime retail district—opportunities like this are rare!
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