Marketed by
Garness Jones
Hull
11 Nelson St, Hull HU1
Available
1 of 4
Offers in the Region of
£160,000
478 Beverley Road, Hull, East Riding Of Yorkshire, HU5 1NE
Key features
- Located in a prominent position on Beverley Road. Surrounded by a mixture of residential, privately owned and student accommodation.
- Ground floor held on a 6 year lease from 20th November 2023, with a passing rent of £8,160 per annum.
- First floor 2 bedroom flat let on Assured Shorthold Tenancy agreement producing £550 per calendar month (£6,600 per annum).
- Provides a total income of £14,760 per annum. Provides a Net Initial Yield of 9.08% after purchase costs of 1.63%.
Description
The property comprises of a mixed use investment opportunity with the ground floor consisting of a self-contained ground floor lock-up shop which benefits from Class E Use and is operating as a barbers, with front sales, rear ancillary, staff kitchen and WC facilities.
The property held on a 6 year lease from 20th November 2023 with a passing rent of £8,160 per annum, with a rent review due on the 20th November 2026.
The first floor has a separate access via Vermont Street, consisting of a spacious 2 bedroom flat with living room, kitchen and bathroom facilities, which is held on a Assured Shorthold Tenancy agreement paying £550 per calendar month (£6,600 per annum).
The property held on a 6 year lease from 20th November 2023 with a passing rent of £8,160 per annum, with a rent review due on the 20th November 2026.
The first floor has a separate access via Vermont Street, consisting of a spacious 2 bedroom flat with living room, kitchen and bathroom facilities, which is held on a Assured Shorthold Tenancy agreement paying £550 per calendar month (£6,600 per annum).
Reference: 7730_sales
Marketed by
Garness Jones
Hull
11 Nelson St, Hull HU1
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Under Offer
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Guide Price
£7,500
PA
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471 Beverley Road, Hull, East Yorkshire, HU6 7LD
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
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- Photos available 4
Offers in the Region of
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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
Available
- Photos available 9
Offers in the Region of
£525,000
Investment for sale
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The property comprises of an attractive mixed retail and leisure commercial investment, with the predominant premises comprising from Class E Use and Sui Generis Use, whereby the unit comprises of a tattooist, retail shop for the sale of candles, Afric...
Marketed by
Garness Jones Hull
Available
- Photos available 11
- Floorplan available
- Brochure available
Guide Price
£295,000
Investment for sale
18-21 Witham, Hull HU9 1BY
Please contact us for full details.
Marketed by
Whozoo London