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AGENT'S DETAILS


Hull – Freehold Shop and Residential Investment

For sale: £135,000.00|1655 Sq Ft|Residential, Flat, General Retail, Retail - High Street, Mixed Use, Office, Restaurant/Cafes, Retail, Other Property Types & Opportunities, Offices

PROPERTY DETAILS

FOR SALE£135,000.00
SIZE1655 Sq Ft
ADDRESS428 Holderness Road, Hull, North Humberside HU9 3DW
TYPEResidential, Flat, General Retail, Retail - High Street, Mixed Use, Office, Restaurant/Cafes, Retail, Other Property Types & Opportunities, Offices
TENUREFor Sale Freehold
POSTED ON2nd June 2020

DESCRIPTION

Investment Consideration:
Comprises ground floor takeaway shop and three-bedroom self contained flat on first and second floor.
No breaks. Lease expiry 2025.
VAT is NOT applicable to this property.
Occupiers nearby include Boots, Enterprise Car Hire, Eat Italian, Lee Street Post Office and a number of local shops and restaurants.

Property Description:
The property is arranged as a ground floor takeaway shop and
three-bedroom self contained flat on first and second floor.

The property provides the following accommodation and dimensions:
No. 428 (Ground Floor Shop) 55.73 sq m (600 sq ft)
No. 428A (First/Second Floor Flat) 98.00 sq m (1,055 sq ft

Tenancy:
The shop is at present let to an Individual for a term of 10 years from 9thSeptember 2015 at a current rent of £4,800 per annum and the lease contains full repairing and insuring covenants. The lease provides for a rent review every third year. The first/second floor residential flat is at present let on an AST to an Individual for a term of 12 months from 1st March 2020 at a current rent of £6,240 per annum. Rent deposit is held of £520.

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 Boots, Enterprise Car Hire, Eat Italian, Lee Street Post Office and a number of local shops and restaurants.

LOCATION

Location: 428 Holderness Road, Hull, North Humberside HU9 3DW

Hull Paragon (1.9 miles)

Cottingham (4.3 miles)

Barrow Haven (5.7 miles)

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