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

Offers in region of

£135,000

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Size

1,193

Tenure

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EPC

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Parking

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

No floor / site plan

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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%.

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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.

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Additional information

Service charge: £0
Business rates: £0
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.

Brochure

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

NEAREST STATIONS

Hull Station

0.43 miles

New Holland Station

2.92 miles

Barrow Haven Station

3.83 miles

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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.

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

1,193

Key features

Description

Brochure

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

Your search history

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

1,193

Key features

Description

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