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AGENT'S DETAILS


Hull – Freehold Shop and Residential Investment

For sale: £140,000.00|1213 Sq Ft|Residential, Flat, General Retail, Retail - High Street, Mixed Use, Retail, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£140,000.00
SIZE1213 Sq Ft
ADDRESS724/724A Holderness Road, Hull, North Humberside HU9 3JA
TYPEResidential, Flat, General Retail, Retail - High Street, Mixed Use, Retail, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON2nd June 2020

DESCRIPTION

Investment Consideration:
Comprises a ground floor shop with self-contained two bedroom flat on the first floor.
Asset management opportunity.
VAT is NOT applicable to this property.
Occupiers nearby include HSBC, Morrisons, Domino`s Pizza, Farmfoods and number of individual shops and restaurants.

Property Description:
The property is arranged as a ground floor shop with a self-contained two bedroom flat on the first floor.

The property provides the following accommodation and dimensions:
No. 724 (Ground Floor Shop): 51.60 sq m (556 sq ft)
No. 724A (First Floor Flat): 61.00 sq m (657 sq ft)

Tenancy:
The shop is at present let to an Individual for a term of 3 years from
1st September 2017 at a current rent of £6,500 per annum and the lease contains full repairing and insuring covenants. Rent deposit is held of £1,625. The first floor residential flat is at present let on an AST to an individual for a term of 12 months from 1st February 2020 at a current rent of £4,800 per annum. Rent deposit is held of £400.

Location:
Hull, is a port city and unitary authority in the East Riding of Yorkshire, Northeastern England. It lies upon the River Hull at its confluence with the Humber Estuary, 25 miles (40 km) inland from the North Sea, 50 miles (80 km) east of Leeds, 34 miles (55 km) south-east of York and 54 miles (87 km) north-east of Sheffield. The main road into and out of Hull is the M62 motorway/A63 road, one of the main east–west routes in Northern England. It provides a link to the cities of Leeds, Manchester and Liverpool, as well as the rest of the country via the UK motorway network. Occupiers nearby include HSBC, Morrisons, Domino`s Pizza, Farmfoods and number of individual shops and restaurants.

LOCATION

Location: 724/724A Holderness Road, Hull, North Humberside HU9 3JA

Hull Paragon (2.5 miles)

Cottingham (4.7 miles)

Barrow Haven (6.3 miles)

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