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COMMERCIAL

346 Hessle Road, Hull, East Riding of Yorkshire HU3 3SB

Guide Price
£40,000
Savills Auctions, London
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • To be offered on Monday 15 April
  • Of interest to investors
  • Freehold Retail and Ground Rent Investment
  • Investment Let at £5,725 pa (14.31% on Guide Price)
  • Includes residential above which has been sold off on a long leases

Description

StrapLine

Auction Sale - 16/04/2024

Of interest to investors

Freehold Retail and Ground Rent Investment

Investment Let at £5,725 pa (14.31% on Guide Price)


Description

The property comprises a three storey building arranged as a ground floor shop with residential upper parts. The upper parts have been sold on a long lease.


Location

The property is located in a prominent corner position on the north side of Hessle Road, at it's junction with Dee Street. Nearby occupiers include Greggs, Lloyds Bank and a number of independent shops, cafe's and restaurants.


Tenancy

Please see Tenancy and Accommodation Schedule.


Accommodation

Please note the approximate areas have been provided by the VOA/Vendor and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.


346 Hessle Road, Hull, East Riding of Yorkshire HU3 3SB

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hull Station1.1 miles
  • New Holland Station2.3 miles
  • Barrow Haven Station2.8 miles
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About the agent

Savills Auctions, London

33 Margaret Street London W1G 0JD

Savills Auctions, London

Savills Auctions are specialist residential and commercial property auctioneers with an unrivalled depth of experience and market knowledge.

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference 148-10533. 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 Savills Auctions, London. 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 Savills Auctions, London on 020 3909 6715.

*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.”

Map data ©OpenStreetMap contributors.

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