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100 and 100a New Cleveland Street, 100 and 100a New Cleveland Street, Hull

Guide Price
£450,000

Business rates & charges may apply

Savills, City Offices
SIZE

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SECTOR

Mixed use property for sale

Key features

  • High Yielding Freehold industrial investment
  • Comprising two workshops,17 car parking spaces and yard
  • Fully let to two tenants
  • Tenants in occupation since 2017
  • Leases expiring in 2029 and 2031 (please refer to the tenancy section)
  • 11,777 sq.ft (1,094 sq.m)arranged over two floors
  • Asset management potential via extension (stpp)
  • Investment let at £53,000 p.a. (11.78% GIY) on guide price.

Description

The property comprises a freehold industrial investment arranged as two workshop units known as 100 and 100A New Cleveland Street. The buildings provide a combined covered area of approximately 11,777 sq ft, arranged over ground and first floors, and are currently configured to accommodate two separate tenants. Externally, the property benefits from 17 car parking spaces together with substantial yard areas, enhancing its appeal to trade, industrial and service-based occupiers.



The property is located on the South side of New Cleveland Street and close to the junction with Spyvee Street.Hull railway station is located approximately 1.4 miles from the property. Nearby retailers include Tesco, Iceland, Heron Foods, and St Stephen’s shopping centre Hull.

Transport
Hull Rail Station - 1.4 Miles

Spyvee Street Bus Stop - 0.2 Miles providing regular services to Hull City Centre.

Brochures

100 and 100a New Cleveland Street, 100 and 100a New Cleveland Street, Hull

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hull Station0.9 miles
  • New Holland Station3.6 miles
  • Cottingham Station3.8 miles

About Savills, City Offices

Finsbury Circus House, 15 Finsbury Circus, London, EC2M 7EB

Notes

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Disclaimer - Property reference 01D26A37-427F-47D0-BCF0-9B885401214E. 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 Savills, City Offices. 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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