Retail premises to let in Paragon Street, Hull HU1
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
Property
The property comprises of 4 City Centre units suitable for a mixture of retail, leisure, and food and beverage uses at the ground and part first floor level.
Please refer to the location plan on page 7 which identifies the location of the properties as follows:
69 Paragon Street provides ground floor cafe premises, plant room, two cold stores, kitchen/preparation room and first floor offices.
71-72 Paragon Street a corner unit which provides a ground floor retail premises previously trading as Cooplands. The property benefits from a kitchen/ preparation room, WC and store. The unit fronts Paragon Street with a large return frontage to South Street.
16 South Street provides a ground floor retail premises benefiting from an attractive frontage to South Street.
10 South Street provides a ground floor lock up unit currently let and trading as Julies.
EPC
69 Paragon Street : D83
71-72 Paragon Street: D83
10 South Street: Currently being reassessed
16 South Street: E121
Location
The property is located in Kingston Upon Hull (Hull), a city in the East Riding of Yorkshire. Hull has a population of 267,100 according to Census 2021.
The property occupies a prominent position on Paragon Street, a busy mixed use City Centre location linking to Queen Victoria Square and running parallel to Jameson Street. The street
is conveniently positioned for all central area amenities and the transport interchange. Within close proximity is the train station, bus terminus, St Stephens and Princess Quay Shopping Centres, as well as various multi-storey public car parks.
Services
We understand that mains water, electricity and drainage supplies are available and connected to the property. These have not been tested and interested parties are advised to make their own investigations to the relevant utility service providers.
Town & country planning
We understand that the property has consent for uses falling within Class E(g) (Commercial, Business & Services Use) of the Town and Country Planning (Use Classes) Order 1987 (as amended 2020).
Interested parties are advised to make their own investigations with the Local Planning Authority.
Tenure
Price is £375,000 for the long leasehold interest in the property which is held by way of a 999 year lease at a peppercorn rent from 11th November 2019. A copy of the lease is available on request.
Units are available To Let
69 Paragon Street - £25,000 per annum exclusive
71-72 Paragon Street - £20,000 per annum exclusive
16 South Street - 18,000 per annum exclusive
Our client will also consider a letting of the whole or part.
VAT
VAT may be charged in addition to the price /rent at the prevailing rate.
Legal costs
Each party is to be responsible for their own legal costs incurred in documenting the transaction.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Banks Long & Co, LN1 on +44 1522 397760 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Banks Long & Co, and do not constitute property particulars. Please contact Banks Long & Co 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.