Mobile/park home for sale

Market Place, Hinckley LE10

Strapline

Auction Sale - 19/03/2024

Of interest to investors and developers

Freehold Public House/Nightclub and site with Planning Permission granted for 44 apartments

Vacant

Description

The property comprises a substantial public house (The Bounty), with existing 5 bedroom managers flat above and nightclub (Club LE10), currently generating a robust revenue stream of over £650,000 per annum, which benefits from planning permission for 44 flats (30 x 2 bedrooms, 12 x 1 bedroom, 2 x 3 bedroom pent house with 32 x on site parking).

Location

Hinckley is approximately 12 miles north-east of Coventry and 13 miles south-west of Leicester. The property is located in central Hinckley and fronts both Market Place and The Horsefair.

Tenancy

Vacant Possession on Completion.

Accommodation

Please note the approximate areas have been provided by the voa/Vendor and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.

Proposed Accommodation:

Planning

The property benefits from planning permission granted in November 2021 (Ref: 20/01317/ful) for Conversion, extension and alterations, including part demolition, of buildings to form 44 apartments (30 x 2 bedrooms, 12 x 1 bedroom, 2 x 3 bedroom penthouse), associated parking and access. For further information please contact Leicester City Council Planning ().