Witham, Hull
- PROPERTY TYPE
House
- SIZE
1,388 sq ft
129 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Three Storey Mixed Use Investment
- Vacant Possession
- Sold As Seen
- Renovation Project
- Excellent Transport Links
- Close To City Centre
- Former Taxi Office to Ground Floor
- Potential Apartment to the Upper Floors
- Potential to Add Good Capital Value
Description
Three Storey Mixed Use Investment Opportunity In A Sought After Central Location With Potential For Prominent Advertising Hoarding (STP)
Property Description - The property is conveniently located on the north side of Witham in the city of Kingston upon Hull. Voted as the city of culture for 2017, Hull offers an abundance of amenities and leisure facilities with many national and international retailers and businesses trading on the doorstep with heavy passing footfall. The area is set for continued regeneration and expansion following the city of culture title. Hull benefits from excellent road access with the M63 and A63 in close proximity. Hull Paragon Interchange offers frequent direct rail services to London Kings Cross, Manchester and Leeds.
The property is entered via a roller shutter door to the front elevation onto Witham. To the ground floor there is a retail area of approximately 33 sq m along with a kitchen area and staff toilets. (STP) The upstairs to the building could be converted to an apartment with the addition of a kitchen & bathroom and benefits from a bay window to the front elevation and is accessed through the ground floor retail unit.
Tenure - The property is freehold
Council Tax & Business Rates - The upper flat in not registered for council tax. The retail unit attracts a rateable value of £3,000 pa
Investment Analysis
Following a program of works the upper floors could be rented for £350 pcm (£4,200 p.a). Once tenanted the ground floor retail could generate in the region of £400 pcm (£4,800 pa). In addition, due to the location of the property and its close proximity to the city centre the exposed east side of the property could be used as an advertising board.
Legal Pack - The Legal Pack for this property is available on our website.
Brochures
Witham, HullBrochureEnergy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Exempt
Witham, Hull
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hull Station0.8 miles
- New Holland Station3.5 miles
- Cottingham Station3.9 miles
About the agent
PROPERTIES UNDER THE HAMMER AUCTIONS (NATIONWIDE), Oldham
Prospect House Featherstall Road South, Oldham, OL9 6HT
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference 32754601. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by PROPERTIES UNDER THE HAMMER AUCTIONS (NATIONWIDE), Oldham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call PROPERTIES UNDER THE HAMMER AUCTIONS (NATIONWIDE), Oldham on 0161 524 7020.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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