Commercial property for sale in Hessle Road, Hull HU3
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- To be offered on Monday 15 April
- Of interest to investors
- Freehold Retail and Ground Rent Investment
- Investment Let at £5,725 pa (14.31% on Guide Price)
- Upward only rent review in October 2024
- Includes residential above which has been sold off on a long leases
Property description
Strapline
Auction Sale - 15/04/2024
Of interest to investors
Freehold Retail and Ground Rent Investment
Investment Let at £5,725 pa (14.31% on Guide Price)
Description
The property comprises a three storey building arranged as a ground floor shop with residential upper parts. The upper parts have been sold on a long lease.
Location
The property is located in a prominent corner position on the north side of Hessle Road, at it's junction with Dee Street. Nearby occupiers include Greggs, Lloyds Bank and a number of independent shops, cafe's and restaurants.
Tenancy
Please see Tenancy and Accommodation Schedule. Please note there is an upward only rent review in October 2024.
Accommodation
Please note the approximate areas have been provided by the voa/Vendor and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions 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.
.png){kind=logo}