New Bridge Road, Hull

Questmap are pleased to offer this mixed use investment located on New Bridge Road in Hull, the premises comprises of a Ground Floor retail unit and 1 bedroom apartment both of which are fully let.

Location - Location
The property is located on New Bridge Road lying approximately 1 mile to the east of Hull City Centre and runs parallel to and within walking distance of Holderness Road being the main arterial Road.
New Bridge Road is occupied by a number of retail outlets and is a densely populated residential area

Description - The property comprises of a ground floor retail unit which is currently occupied as a beauty salon and provides open plan retail area, kitchen and and WC Facilities to the rear. The premises also benefits from electric roller shutter door, and off road parking space.
The retail unit is currently let on a 3 year lease, from 2024 within an initial rent of £6,300 per annum.
The First Floor comprises of a 1 bedroom self contained apartment, which is currently let on an assured shorthold tenancy agreement at a rent of £495per calendar month, £5,940 per annum.

Epc - The Retail unit has an EPC rating of C

The Apartment has a an EPC rating of E

Certificates can be made available upon request.

Terms - The Freehold interest is available for the property subject to the existing lettings producing and income of £12,240 per annum.