Monks Way Retail Park, Wawne Road, Kingswood, Hull, HU7 3NS
£97.22 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
21,344 sq ft
1,983 sq m
- SECTOR
Commercial property for sale
Key features
- Unique Freehold forward funding Drive Thru and EV Charging investment opportunity.
- The freehold will comprise a new build 1,800 sq ft Starbucks Drive Thru, 8 EV charging spaces, 81 car parking spaces and the ground rent from the long leaseholds.
- The development will be sold Freehold.
- Let to 23.5 Degrees Ltd trading as Starbucks on a new 20-year FRI lease at an initial rent of £100,000 per annum exclusive (£55.55 per sq ft).
- The 8 EV Charging spaces are let to E.ON Drive Infrastructure on a new 20 year lease at an initial rent of £24,000 per annum exclusive. Both leases have CPI increases at review.
Description
The development will comprise of a single storey purpose built1,800 sq ft (168 sqm) gross internal area Starbucks Coffee Drive Thru with 11 dedicated car parking spaces, which include two disabled bays. There are also 8 EV charging spaces within the main freehold, which have been let separately.
Monks Way Retail Park, Wawne Road, Kingswood, Hull, HU7 3NS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cottingham Station3.2 miles
- Hull Station4.2 miles
- Beverley Station4.4 miles
Notes
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