Summary - Regent Street, Hinckley, LE10 LE10 0AZ
3 bed 1 bath Commercial Property
Freehold shop with three-bedroom flat and immediate rental income.
- Freehold commercial unit with three-bedroom flat above
- Produces £17,520 gross annual income (tenant in situ)
- Approximate gross yield c.10.0% at £175,000 purchase price
- Ground-floor takeaway/retail with kitchen facilities
- On-street parking only; no private parking
- Located in a deprived area; crime levels recorded as very high
- Excellent mobile signal and fast broadband
- Buyers Premium payable on completion; see Let Property Pack
A freehold commercial unit with a three-bedroom flat above, currently let and producing steady income. The ground floor suits food or retail use and includes kitchen facilities; the first-floor flat provides additional rental revenue, delivering an immediate return for an investor.
The property produces an annual gross income of £17,520 against a £175,000 guide price, representing an approximate 10.0% gross yield at purchase. It sits on Regent Street with excellent pedestrian access and a wide range of nearby amenities, making it attractive to future tenants and developers seeking city-centre exposure.
Buyers should note the location is in a deprived area with very high recorded crime levels and limited private parking (on-street only). A Buyers Premium will apply on sale and full investment particulars are available in the Let Property Pack for detailed financials and tenancy information.
This asset suits investors and developers looking for an income-producing freehold in a busy commercial parade, with scope to review rent profile or refurbish the unit to increase value over time.
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