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429 Endike Lane, Hull, East Riding Of Yorkshire, HU6 8AG

Offers in region of

£150,000

Size

1,359

Tenure

Freehold

EPC

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Parking

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Primary use
Shop
Frontage
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No floor / site plan

Key features

  • Commercial investment for sale comprising of ground floor self-contained commercial retail unit with self-contained one bedroom flat.
  • Trading as Go Local, held on a 15 year full repairing and insuring lease from August 2024 producing on a producing £13,400 per annum with three-yearly rent reviews.
  • Situated on a established parade of retail shops.
  • Reflecting an initial yield of 8.8% after purchase costs of 1.5%.

Description

The property comprises of a semi-detached ground floor lock up shop which benefits from an open plan sales area with rear ancillary store with kitchen and WC facilities. The premises is fitted out to a good specification and trading as Go Local.

The first floor one bedroom flat is accessed via a side entrance and benefits from a rear garden.

The tenant is occupying the whole premises on a full repairing and insuring (FRI) lease for a term of 15 years at an asking rent of £13,400 per annum with three-yearly rent reviews. from August 2024.
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

429 Endike Lane, Hull, East Riding Of Yorkshire, HU6 8AG

NEAREST STATIONS

National Rail

Cottingham Station

1.09 miles

National Rail

Hull Station

2.76 miles

National Rail

Beverley Station

4.73 miles

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Disclaimer - Property reference 11739FH. 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.