259 Holderness Road,
Hull, HU8 8TD
A great investment opportunity here with the sale of this retail premises with a two bedroomed flat above.
259 Holderness Road, Hull, HU8 8TD
Price £160,000
Refurbished shop fully let out as a retail outlet for a mobile phones business, complete with a two bedroom duplex apartment above over two floors on long lease. Both bedrooms are at the top in the converted loft space. The lounge, kitchen and bathroom are all on the first floor. The property is fully double glazed and central heated and has the necessary fire alarms linked with the shop below.
Located on popular Holderness Road in East Hull, this retail unit offers space of 1624 feet in total and is a great investment opportunity as both flat and retail premises are fully let and generating a monthly return.
The flat was completed to building regulations.
Rent for retail unit: £585.00
Rent for flat £395.00
Total £980.00 per month
Gross annual rent of £11,760 giving a yield of 7.35%
No costs, so the gross rents are also the net rents.
| Floors: | 3 |
| Bedrooms: | 2 |
| Bathrooms: | 1 |
| Kitchens: | 1 |
| Living Rooms: | 1 |
Property Features
- Located on a busy shopping high street
- Main route into the city centre
- 1624 feet of space
- The building contains both a retail unit and flat above
- Fully double glazed
- Central heating
- Currently tenanted
- Freehold
- Fair condition
Location
259 Holderness Road, Hull, HU8 8TD
Documents
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