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8 Newbegin, Hornsea, East Riding of Yorkshire, HU18 1AG

£500,000

£97.48 per sq ft

Business rates & charges may apply

Garness Jones Commercial, Hull
SIZE AVAILABLE

5,129 sq ft

476 sq m

SECTOR

Commercial property for sale

Key features

  • Ground floor retail units benefits from class E Suitable for retail, leisure, café and restaurant, office, medical and financial services
  • Upper floors consist of 7 flats, currently producing £32,280 with potential to achieve £53,280 pa once fully let
  • Ground floor retail units available on new lease, separate or to be taken as a whole

Description

The property comprises of 2 ground floor retail units. Both benefit from large display windows to the front, store / office space to the rear and customer toilets. We believe that the properties has use class E use, which enables them to be utilised as retail, offices, beauty, financial services café and restaurant. There is also a large cellar to which could be utilised by either of the shops. To the upper floors there are 7 self contained flats / studios which are currently all tenanted achieving between £350 to £500 pcm.( £32,280 pa) There is a large garden to the rear which can be accessed by all the residential tenants to be utilised as a communal space. The rooms have recently been renovated and could look at potential rent increases. The property has also recently been re roofed.

Brochures

8 Newbegin, Hornsea, East Riding of Yorkshire, HU18 1AG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Arram Station10.5 miles

About Garness Jones Commercial, Hull

Nelson Street, Hull, HU1 1XE

Notes

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