Coventry Road, Hinckley, LE10 0JR

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Freehold investment property comprising tenanted hand car wash with retail counter, tenanted first floor residential flat, and vacant garage/workshop
Prominent roadside location on B4666 Coventry Road less than 0.5 mile from Hinckley town centre
Gross rental income of £26,940 p.a.x.
Excellent asset management and redevelopment potential S.T.P.

The property is a part one part two storey freehold investment property comprising tenanted hand car wash with retail counter, tenanted first floor residential flat, and vacant garage/workshop.

The property is of traditional brick construction beneath a part flat membrane and part pitched corrugated asbestos roof.

The canopied hand car wash is located on the corner of the B4666 Coventry Road and Marchant Road and has a concrete surfaced yard. There is a ground floor retail counter with part glazed frontage servicing the hand car wash.

The first floor flat is located above the retail counter and accessed via an independent uPVC door and staircase off Marchant Road.

The garage/workshop is located to the rear of the property and is orientated at a right angle to the hand car wash and retail counter. There is a roller shutter door accessed off Marchant Road providing vehicular access and a separate pedestrian access immediately adjacent.

The property is located less than 0.5 mile from Hinckley town centre. Hinckley is located approx. 13 miles north east of Coventry and 14 miles south west of Leicester.

The property occupies a prominent and highly visible position on the main B4666 Coventry Road, which links the A5 Watling Street to the south and B4668 Leicester Road to the north. Junctions 1 and 2 of the M69 are approx. 3 miles from the property.

The immediate area comprises a mix of residential, trade counter, light industrial, retail and leisure
property. The Coventry Road Lidl superstore is immediately opposite the property.

The site of the former Hinckley Leisure Centre is located to the rear of the property which has been earmarked for residential development. Planning permission was granted in 2018 for the erection of 66 apartments within two apartment blocks, and 7 houses.