8 King Street, Hull, East Riding Of Yorkshire, HU1 2JJ

Offers in region of

£135,000

Size

1,193

Tenure

Ask agent

EPC

Ask agent

Parking

Ask agent

Primary use
Traditional office
Other use(s)
Other
Capacity
Ask agent
Desks
Ask agent

No floor / site plan

Key features

  • Ground floor office held on a 999 year long leasehold.
  • Located directly opposite Hull Minster.
  • Held on a lease to Yorkshire Mesmac Limited until 31st March 2031, at a passing rent of £12,500 per annum.
  • Within walking distance of Hull Marina and all city centre amenities.
  • Provides a Net Initial Yield of 9.12% after purchase costs of 1.5%.

Description

The unit forms part of an attractive Merchant Warehouse development with residential accommodation situated above.

The premises comprise of a self-contained ground floor office, which is held on a 999 year long leasehold at a Peppercorn ground rent effectively providing a virtual freehold interest.

The premises are currently let to Yorkshire Mesmac Limited, with the lease expiring on 31st March 2031. The tenant has an option to break on the 31st March 2029 and 31st March 2030, with a rent review on the 30th April 2028, with a passing rent of £12,500 per annum.
Additional information
Service charge
Ask agent
Business rates
Ask agent
Use class
Ask agent
Listed building
Ask agent
Energy performance certificate: Ask agent

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

Read more about EPC requirements

Ask agent

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

Brochure

8 King Street, Hull, East Riding Of Yorkshire, HU1 2JJ

NEAREST STATIONS

National Rail

Hull Station

0.43 miles

National Rail

New Holland Station

2.92 miles

National Rail

Barrow Haven Station

3.83 miles

Your search history

You have no recent searches

Disclaimer - Property reference 9916FH. 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.