Marketed by
Garness Jones
Hull
11 Nelson St, Hull HU1
New
1 of 4
Offers in the Region of
£150,000
429 Endike Lane, Hull, East Riding Of Yorkshire, HU6 8AG
Key features
- Commercial investment for sale comprising of ground floor self-contained commercial retail unit with self-contained one bedroom flat.
- Trading as Go Local, held on a 15 year full repairing and insuring lease from August 2024 producing on a producing £13,400 per annum with three-yearly rent reviews.
- Situated on a established parade of retail shops.
- Reflecting an initial yield of 8.8% after purchase costs of 1.5%.
Description
The property comprises of a semi-detached ground floor lock up shop which benefits from an open plan sales area with rear ancillary store with kitchen and WC facilities. The premises is fitted out to a good specification and trading as Go Local.
The first floor one bedroom flat is accessed via a side entrance and benefits from a rear garden.
The tenant is occupying the whole premises on a full repairing and insuring (FRI) lease for a term of 15 years at an asking rent of £13,400 per annum with three-yearly rent reviews. from August 2024.
The first floor one bedroom flat is accessed via a side entrance and benefits from a rear garden.
The tenant is occupying the whole premises on a full repairing and insuring (FRI) lease for a term of 15 years at an asking rent of £13,400 per annum with three-yearly rent reviews. from August 2024.
Reference: 11739_sales
Marketed by
Garness Jones
Hull
11 Nelson St, Hull HU1
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Available
- Photos available 4
Guide Price
£13,500
PA
Retail to let
431 Endike Lane, Hull, East Riding Of Yorkshire, HU6 8AG
Please contact us for full details.
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- Floorplan available
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Offers in the Region of
£140,000
Investment for sale
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The property is an end terrace ground floor retail unit, benefitting from a large window frontage. Currently operating as a hairdressers, the property has laminated flooring, WC and kitchen facilities to the rear. First floor flat access to the rear co...
Marketed by
Garness Jones Hull