Commercial Property for sale

Endike Lane, Marfleet Lane, Hull, Hull, HU6

£450,000
4,697 sq. ft.

Property Description

Commercial information

  • 4,697 sq ft (436 sq m)

Key features

  • Small portfolio of two retail units in very popular suburban shopping parades
  • Let to high quality tenants
  • Excellent potential for re-letting/ re-negotiating terms
  • Total current rental income 45,800 with potential to increase to 47,800
  • Offers over 450,000 (plus VAT where applicable) which offers an initial yield of 9.71% with a potential to increase to 10.14% after allowing for costs of 4.75%

Full description

300 MARFLEET LANE, KINGSTON UPON HULL, HU9 5AG
The property consists of a mid terraced retail unit with small rear yard and rear servicing. The first floor which forms part of the demise is not accessible.

437-439 ENDIKE LANE, KINGSTON UPON HULL, HU6 8AG
The property comprises a detached double fronted retail unit offering large open plan sales accommodation with ancillary storage. To the first floor is an independent residential flat together with separate office with potential for conversion to a second residential unit (subject to planning permission).


More information from this agent

Nearest stations

  • Cottingham (1.1 mi)
  • Hull (2.8 mi)
  • Beverley (4.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

PPH Commercial, Hull

The Hesslewood Estate Ferriby Road, Hessle, HU13 0LG

01482 750043 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Cottingham (1.1 mi)
  • Hull (2.8 mi)
  • Beverley (4.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

PPH Commercial, Hull

The Hesslewood Estate Ferriby Road, Hessle, HU13 0LG

01482 750043 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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