Investment property let to Cash Access UK

The property is situated within the Ashby-de-la-Zouch Conservation Area in a prime trading position on Market Street, the principal retail thoroughfare in the town centre. The property also benefits from being close by to Ashby Town Hall and Market. Nearby occupiers include Nationwide, Betfred, Superdrug, Boots Opticians (adjacent), Specsavers, Vision Express, Greggs, Domino's, Costa Coffee, and a range of local businesses. The location is approximately 18 miles north-west of Leicester, 22 miles south-west of Nottingham, 23 miles south of Derby, and 30 miles north-east of Birmingham, with excellent road links via the A42, A511, A512, M42, and M1, as well as rail access via Burton-on-Trent Railway Station and air travel via East Midlands Airport and Birmingham Airport. The property comprises a single-storey former bank with an ATM room on the ground floor with ancillary accommodation in the basement, together with a rear courtyard accessed via Lamb Inn Yard. The property also includes an on-site electricity substation. The total approximate floor area is 244.50 sq. m. (2,631 sq. ft.), arranged over the basement and ground floors. The property is freehold and wholly let to Cash Access UK Limited on a new 10-year lease from 3rd August 2026 at a current rent of £31,000 per annum exclusive, subject to a tenant option to determine on 3rd August 2031 and a rent review on 3rd August 2031. The property is not elected for VAT.