Property for sale in Endike Lane, Hull HU6

Guide price £120,000
Interested in this property? Call +44 1482 763171 * or Request Details

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Property for sale - 2 bedrooms

2 1 1

Tenure:
Freehold
Council tax band:
Not available

Property features

  • Reservation Fee Applicable
  • T&c's Apply
  • Versatile Retail Space: 491.81 sq. Ft of retail area for diverse business opportunities.
  • Functional Kitchen Area: 110.88 sq. Ft kitchen space for culinary operations.
  • Convenient W.C Space: 32.25 sq. Ft W.C area for customer convenience.
  • Kitchen Area: 62.08 sq. Ft supplementary kitchen space for flexibility.
  • X2 Spacious Bedrooms
  • Compact Bathroom: 37.8 sq. Ft bathroom for essential amenities.
  • Outdoor Space: Valuable outdoor area to the rear, enhancing possibilities.
  • 10% Gross Yield

Property description



***Guide Price £120,000 - £125,000 plus Reservation Fee***

**Prime Commercial Investment: Retail Unit with Accommodation Yielding £1200 Per Month**

Explore an exceptional commercial opportunity with this property, achieving £1200 per month in rent. The ground floor houses a thriving retail unit, complemented by a 2-bed flat, making it a versatile investment in a prime location.

Positioned at the end of a terrace in a row of shops, the property enjoys valuable outdoor space to the rear, providing versatility for various uses. This strategic location not only ensures a steady rental income but also positions the property within easy reach of Cottingham and Hull University.

The thriving retail unit adds vibrancy to the area, attracting foot traffic and enhancing the property's appeal. With a well-tenanted 2-bed flat above, this investment promises both stability and potential for further development.

Don't miss the chance to secure a commercial property with solid rental returns and strategic positioning. For more information or to arrange a viewing, please contact us.

Ground Floor Retail = 633 sq ft

Retail Area: 26.3 ft×18.7 ft= 491.81 sq.

Kitchen Area: 12.6 ft×8.8 ft=110.88 sq.

W.C Area: 7.5 ft×4.3 ft=32.25 sq.

First Floor Flat = 433 sq ft

Kitchen Area: 6.4 ft×9.7 ft=62.08 sq.

Bedroom 1 Area: 11.9 ft×14.9 ft=177.31 sq.

Bedroom 2 Area: 12.6 ft×12.4 ft=156.24 sq.

Bathroom Area: 6.3 ft×6.0 ft=37.8 sq.

These calculations give you the approximate areas for each of the specified spaces.

Disclaimer

Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% to a minimum of £2500 plus VAT. The Reservation Fee is paid on top of the purchase price & deemed a part of the chargeable consideration when calculating Stamp Duty for the property.

The property has a Ready Sale Pack, which gives additional information regarding the property. It is the Buyer’s responsibility to request & examine the Ready Sale Pack before committing to purchase the property. We advise you also carry out your own due diligence prior to making an offer.

The Buyer is required to verify their id & show proof of funds.

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For more information about this property, please contact
rezee, HU13 on +44 1482 763171 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by rezee, and do not constitute property particulars. Please contact rezee for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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