Property for sale in Hessle Road, Hull HU3

£475,000
Interested in this property? Call +44 1482 763778 * or Request Details

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Property for sale - 3 bedrooms 3 3 3
Tenure:
Freehold
Council tax band:
Not available

Property features

  • Fully Furnished
  • Air Conditioning
  • Popular location
  • Lots of potential
  • Shops and amenities nearby
  • Close to Hull Royal Infirmary

Property description

Offered for sale :

2 excellent retail units both with thriving businesses on board

3 furnished apartments producing an excellent rental return

An opportunity also exists (with the necessary planning consents) to develop a further 3 apartments to the second floor. Such an initiative would achieve a high roi considering the infrastructure that already exists below.

Behind the buildings is a secure outside space providing off-road parking.

These adjacent properties have commercial units to the ground floor. The bakery at 241 Hessle Road has an 8 year lease with 5 years remaining. The neighbouring property is a beautician studio Aesthetics 4U. The studio comprises a selection of partitioned units with a selection of qualified doctors and therapists providing a range of skin treatments,

The apartments are spacious, self contained, well designed and fully let. Each is individually metered fro utilities and has its own air conditioning system. The tenancies are structured so that the tenants are responsible for the utilities with the exception of Wifi which is included in the rental payment.

The building was recently fully refurbished to a very high standard. All parts of the building have been upgraded and are in excellent condition. The apartments have individual EPC ratings of 66,67 and 68 so although they all have a D rating, the threshold for a C rating is 69 so they will require minimal efficiency upgrade measures to reach this level.

The area sizes are as follows:

239 Hessle Road (commercial) 1,041 sq.ft. 97 sq.m

241 Hessle Road (commercial) 465 sq.ft. 43 sq.m

First floor (flat 1) 435 sq.ft. 40 sq.m

First floor (flat 2) 559 sq.ft. 52 sq.m

First floor (flat 3) 461 sq.ft. 43 sq.m

Total 2961 sq ft 275 sq.m

The building is currently fully occupied and the total monthly rental is £52,000pa.

Architects technical drawings are available for inspection, in addition to a site plan and further drawings for the possibility of development into the second floor. There is currently a fixed staircase leading to the 2nd floor so access is possible, but this area is otherwise undeveloped.

Property info

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HPC, HU5 on +44 1482 763778 * (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 HPC, and do not constitute property particulars. Please contact HPC 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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