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Commercial Property to rent

Holderness Road, Hull, East Riding of Yorkshire

£9,500 pa| £792 pcm

Property Description

Letting information:

Furnishing: Unfurnished

Key features

  • Ground floor retail / (A2) Estate Agency premises
  • 1260 sq ft (117.03 sq m)
  • Prominent East Hull location.

Full description

Ground floor retail / (A2) Estate Agency premises of 1260 sq ft (117.03 sq m) in prominent East Hull location.



Main Description


An excellent ground floor retail unit with A2 consent for estate agency/financial services use. Only available due to the relocation of the existing tenant, this is an ideal opportunity for similar type uses in this busy commercial location. Comprising: showroom with private sales offices, store, kitchen area and staff w.c. There are electronically operated security shutters and gas central heating. Ready for immediate occupation being well presented with suspended ceilings and fluorescent lighting.



Location
Located on Holderness Road where there is an extensive range of amenities and facilities and with easy access to Hull city centre.




Property ref: 121_2394_3954407

SHOWROOM AREA 
715 sq ft

OFFICE 
66 sq ft

OFFICE 2 
62 sq ft

STORE 
53 sq ft

KITCHEN/STORE 
247 sq ft

STAFF W.C. 

General 
The premises are available to let by way of an assignment of the existing lease, on the following terms and conditions:

RENT 
The current rental is on a staged basis being £9,500 per annum (£791.66 per month) for the current year increasing to £10,000 per annum on the 1st April 2016. The rent is payable monthly in advance.

LEASE TERM 
The current lease is on an RICS Small Business Retail Lease format and is dated 1st April 2014. It is for a 5 year term from 1st April 2014. The tenant has a break clause allowing him to terminate the lease if required 30 months after the commencement of the lease. The tenant pays all the usual outgoings including business rates, water, gas, electricity etc. The tenant also contributes towards the buildings insurance premium as normal.

REPAIRS 
The tenant is required to keep the property in as good a state of repair and decoration as evidenced by a schedule of condition prepared at the commencement of the lease.

LEGAL COSTS 
The ingoing tenant will be responsible for all parties reasonable legal costs incurred in the transaction and any stamp duty payable thereon.

INSURANCE 
The Landlord insures the premises and the tenant reimburses the Landlord with the insurance premium in the normal manner.

RATES 
The tenant will be responsible for the payment of rates. We understand the property is listed as 'Shop and Premises' with a Rateable Value of £11,250. Prospective tenants should satisfy themselves as to the accuracy of the above information.

VAT 
Under the Finance Act 1989, VAT may be added to the rent quouted; we recommend that prospective tenants satisfy themselves and establish the VAT implications prior to entering into any agreement.

VIEWING 
Contact the agent’s Beverley office on 01482 886200 for prior appointment to view.

JOINT AGENTS 
Chris Wilson Associates, Craven House, 27a Northgate, Hessle, HU13 0LW.

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