Frank-Steier Price Ltd. Leading niche commercial property investment practice Logo for Midlands Property Awards 09

October 2018

32-36 Castle Street, Hinckley, LE10 1DB

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under offer

The property is located in the prime retail pitch of Hinckley town centre.  The property comprises a 19,927 retail unit arranged over ground floor sales and two upper floors of ancillary accommodation.  The property is let to B&M Retail until December 2023 at a rent of £117,000 per annum which reflects a low rent of £5.87 per sq.ft.  Offers sought in excess of £1,225,000 which reflects a net initial yield of 9.00%.