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478 Beverley Road, Hull, East Riding Of Yorkshire, HU5 1NE

Offers in region of

£160,000

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Size

1,366

Tenure

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EPC

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Parking

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Primary use: Other

No floor / site plan

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Key features

Located in a prominent position on Beverley Road. Surrounded by a mixture of residential, privately owned and student accommodation.
Ground floor held on a 6 year lease from 20th November 2023, with a passing rent of £8,160 per annum.
First floor 2 bedroom flat let on Assured Shorthold Tenancy agreement producing £550 per calendar month (£6,600 per annum).
Provides a total income of £14,760 per annum. Provides a Net Initial Yield of 9.08% after purchase costs of 1.63%.

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Description

The property comprises of a mixed use investment opportunity with the ground floor consisting of a self-contained ground floor lock-up shop which benefits from Class E Use and is operating as a barbers, with front sales, rear ancillary, staff kitchen and WC facilities.

The property held on a 6 year lease from 20th November 2023 with a passing rent of £8,160 per annum, with a rent review due on the 20th November 2026.

The first floor has a separate access via Vermont Street, consisting of a spacious 2 bedroom flat with living room, kitchen and bathroom facilities, which is held on a Assured Shorthold Tenancy agreement paying £550 per calendar month (£6,600 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

478 Beverley Road, Hull, East Riding Of Yorkshire, HU5 1NE

NEAREST STATIONS

Hull Station

1.61 miles

Cottingham Station

2.38 miles

New Holland Station

4.46 miles

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Disclaimer - Property reference 7730FH. 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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478 Beverley Road, Hull, East Riding Of Yorkshire, HU5 1NE

1,366

Key features

Description

Brochure

478 Beverley Road, Hull, East Riding Of Yorkshire, HU5 1NE

Your search history

478 Beverley Road, Hull, East Riding Of Yorkshire, HU5 1NE

1,366

Key features

Description

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