A Freehold Commercial & Residential Investment Arranged to Provide a Ground Floor Shop with Seven One Bedroom Flats Above. Fully Let Producing £48,000 per annum.

The property comprises a ground floor lock up shop with seven one bedroom flats above situated within a mid terrace building arranged over ground and two upper floors.

Tenure

Freehold

Location

The property is situated on a mixed use road in Hull amongst local shops and amenities. The open spaces of The Public Park are within easy reach. Transport links are provided by Hull Paragon International rail station.

Accommodation

Ground Floor Lock up shop First, Second and Third Floors 7 X Self Contained One Bedroom Flats with Kitchen Area and Shower Room

Tenancy

Ground floor lock up shop is on a lease ending May 2025 producing £6,600 PA. Please refer to the legal pack for the tenancy schedules for the seven flats.

Current Rent Reserved

Current Rent Reserved £48,000 per annum

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.