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38 Holderness Road, Hull, East Riding Of Yorkshire, HU9 1EF

Offers in Region of
£135,000

£135000.00 per sq ft

Business rates & charges may apply

Garness Jones Commercial, Hull
SIZE

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SECTOR

Shop for sale

Key features

  • Potential mixed use investment opportunity.
  • Located on a highly prominent position on Holderness Road within close proximity to Hull city centre.
  • Benefiting from self-contained ground floor retail shop producing £500 per calendar month.
  • Upper floors consist of a 3 bedroom self-contained flat with the potential income of £650 per calendar month.
  • Potential income once fully let of £13,800 per annum., which provides a reversionary yield of 10.7%

Description

The property comprises a ground-floor self-contained retail unit currently let on a 12-month lease at £500 per calendar month. The shop benefits from an electric roller shutter, an open-plan sales area to the front, and a rear ancillary storage area with kitchen and WC facilities.

The upper parts consist of a self-contained three-bedroom flat accessed via Thomas Street, with shared access alongside the adjoining commercial property. The residential accommodation benefits from a private rear garden for its sole use. The ground floor of the flat provides a private entrance together with kitchen and bathroom facilities. The first floor comprises two double bedrooms and a living room, with a further double bedroom located within the attic at second-floor level.The property has recently become vacant. It is carpeted throughout and benefits from PVC double-glazed windows and gas central heating. The property was previously achieving £650 per calendar month on a long standing tenant. The property has been left vacant to enable viewings and for a potential investor to find a suitable occupier.

Brochures

38 Holderness Road, Hull, East Riding Of Yorkshire, HU9 1EF

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hull Station1.1 miles
  • New Holland Station3.6 miles
  • Cottingham Station4.1 miles

About Garness Jones Commercial, Hull

Nelson Street, Hull, HU1 1XE

Notes

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Disclaimer - Property reference 1387FH. 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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