Commercial property for sale in Southcoates Lane, Hull HU9

Commercial property for sale
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Property features

  • Commercial premise
  • Ground floor commercial with flat above
  • £6000 per annum 6% gross return
  • Freehold of building for sale
  • Business not for sale
  • Commercial lease for use of whole building.
  • Rents correct at time of listing

Property description

Freehold Investment Opportunity with sitting business commercial tenant.
Commercial building with linked first floor accommodation above
Currently let on commercial lease at £500 per calendar month
£7800 per annum 7.8% gross return
This advert is for the sale of the building. The business is not for sale.
Commercial lease Signed 05/08/2021 to be reviewed every 3rd year.
The lease is for use of the entire building.
Ground floor retail area - 96m2 / 1038 sqFT
First floor - used for commercial storage for business - 45m2 / 483sqFT

Property info

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For more information about this property, please contact
Tulip Estate Agents, HU5 on +44 1482 763879 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Tulip Estate Agents, and do not constitute property particulars. Please contact Tulip Estate Agents 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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