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COMMERCIAL

Finkle Street, Cottingham

£395,000
MyPad, Hull
PROPERTY TYPE

Shop

SIZE

Ask agent

Description

Nestled in the heart of Cottingham Village Centre, this prominent commercial property on Finkle Street presents an exceptional investment opportunity. This is a multi-unit commercial purchase, boasting long-term leases with reliable tenants already in place. Each unit has been meticulously maintained to a good standard, ensuring a seamless transition for any prospective buyer.

With a total gross annual income of approximately £28,000, this property offers an attractive return of around 7%. The financial stability provided by the existing tenants, coupled with their commendable payment history, makes this an enticing prospect for investors seeking a steady income stream.

Furthermore, all lease repairs are the responsibility of the tenants, alleviating any potential maintenance concerns for the new owner. This arrangement not only enhances the appeal of the property but also underscores its suitability for those looking to invest in a hassle-free commercial venture.

In summary, this shop on Finkle Street is a rare find in a sought-after location, combining a strong income potential with the security of long-term tenants. It is an ideal choice for investors aiming to expand their portfolio in a thriving village centre.

Brochures

Finkle Street, CottinghamBrochure

Finkle Street, Cottingham

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cottingham Station0.4 miles
  • Hull Station3.9 miles
  • Beverley Station4.2 miles

About MyPad, Hull

132 Chanterlands Avenue Hull HU5 3TR

MyPad offer a bespoke letting, management & investment sales service.

We are proud of our reputation for reliability and results & offer a hands on service to our tenants and landlords.

Going the extra miles is something all our team members believe in.

Notes

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Disclaimer - Property reference 34514443. 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 MyPad, 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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