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1/8

1-2 Bishop Lane And 153 High Street, Hull, HU1 1PA

Offers in region of

£650,000

Size

5,962

Tenure

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EPC

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Parking

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Primary use
Other

No floor / site plan

Key features

  • Attractive investment opportunity in the old town of Hull City Centre.
  • Consisting of first floor popular vegetarian restaurant. 3 x 2 bed apartments and 4 x 1 bed apartments.
  • Fully occupied producing £54,600 per annum.
  • Provides a Net Initial Yield of 8.01% after purchase costs of 4.88%, with a Gross Yield of 8.4%.

Description

The property comprises of a fully income producing mixed use investment, consisting of a restaurant together with 7 self-contained residential flats arranged from 3 x 2 bed apartments and 4 x 1 bedroom apartment and the first floor popular Hitchcocks vegetarian restaurant located on the first floor. The property extends to approximately 5,961 SqFt and currently generates a Gross Rental Income of £54,600 per annum. There is potential for reconfiguration and development of the first floor restaurant if this ever became vacant to provide a fully residential development and investment opportunity.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

1-2 Bishop Lane And 153 High Street, Hull, HU1 1PA

NEAREST STATIONS

National Rail

Hull Station

0.59 miles

National Rail

New Holland Station

3.08 miles

National Rail

Barrow Haven Station

4.02 miles

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Disclaimer - Property reference 12933FH. 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.