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Unit 2, West Northumberland Avenue, Hull, East Yorkshire, HU2 0LN

Offers in Region of
£155,000

£60.81 per sq ft

Business rates & charges may apply

Garness Jones Commercial, Hull
SIZE AVAILABLE

2,549 sq ft

237 sq m

SECTOR

Commercial property for sale

Key features

  • Industrial Commercial investment in established industrial location
  • Current Gross yield of 7.10%
  • 6 year lease from 01.02.23 to 31.01.29. With a rent review provision 01.02.26.
  • Industrial unit with ground floor reception and first floor offices.
  • Secure Fenced Yard area

Description

This commercial investment consists of a semi detached steel portal frame industrial unit. Externally the property benefits from a fenced designated yard. The property is accessed via an over sized concertina door measuring approximately 4.35 x 4.85 mas well as a pedestrian access door, secured by roller shutters. Internally the property is of block build interior and the roof benefiting from translucent light panels. The ground floor personal doors and windows benefit from roller shutters for security. The unit has a small reception area on the ground floor with offices above and to the rear is a single storey stores area.

The current passing rent is £11,000 per annum on a 6 year lease from 01.02.23 to 31.01.29. With a rent review provision 01.02.26.

This produces a current gross yield of 7.10% before the rent review provision.

Brochures

Unit 2, West Northumberland Avenue, Hull, East Yorkshire, HU2 0LN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hull Station0.9 miles
  • Cottingham Station3.3 miles
  • New Holland Station3.8 miles

About Garness Jones Commercial, Hull

Nelson Street, Hull, HU1 1XE

Notes

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Disclaimer - Property reference 5742FH. 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 Garness Jones Commercial, Hull. 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.

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