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Our Summary
- Freehold Public House/Nightclub and site with Planning Permission granted for 44 apartments
- Potential for 4 further apartments above The Bounty (subject to planning)
- Proposed Accommodation:PlanningThe 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
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Description
The property is a substantial public house and nightclub located in central Hinckley, with a substantial revenue stream of over £650,000 per annum. The property is freehold and has vacant possession available upon completion. It includes a 5-bedroom manager's flat above the public house.
Planning permission has been granted for the conversion of the site into 44 apartments, comprising 30 two-bedroom apartments, 12 one-bedroom apartments, and 2 three-bedroom penthouse apartments, along with 32 on-site parking spaces.