197 Chanterlands Avenue, HU5 3TP

197 Chanterlands Avenue

Hull, HU5 3TP


Price   £145,000


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197 Chanterlands Avenue

Hull

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  • Description

    The property is traditional brick built to two storey height with a ground floor shop operating as a Post Office and a separate first floor one bedroom flat accessed from the rear via Tennyson Avenue. The property benefits from UPVC double glazed windows in the main with gas central heating.

  • Overview

    Shop and Flat Investment fronting a main road offering a mix of retail interspersed with residential

    Ground floor Post Office premises

    Self-contained first floor flat

    Rear parking

    The shop is held on a 10-year lease from January 2019 at £6,000 p.a.exc. The flat is separately let at the equivalent of £4,500 p.a.

    Combined income - £10,500 p.a.

  • Location

    The property is situated on the west side of Chanterlands Avenue close to its junction with Tennyson Avenue off which the property has rear vehicular access. The property is situated approximately two miles to the North West of Hull City Centre on a busy arterial route running between Cottingham Road and Spring Bank West. It offers a mix of retail and commercial premises along its length interspersed with residential terraces and high density housing on nearby side streets. On street car parking is available.

  • Accommodation
    Ground Floor    
    Sales area 36 sq m (388 sq ft)
    Rear store/staff area 13.2 sq m (142 sq ft)
         
    First Floor    
    Rear bathroom 6.18 sq m (67 sq ft).
    Bedroom with rear aspect 9.2 sq m (99 sq ft)
    Hallway/landing - -
    Front kitchen 5.52 sq m (59 sq ft)
    Front lounge 5.52 sq m (105 sq ft)

    Vehicular access and car parking to the rear off Tennyson Avenue.

  • Disposal Terms

    LEASE TERMS

    The ground floor is held on a 10-year commercial lease from 10 January 2019 at an initial rent of £6,000 p.a.exc. with rent reviews on a three yearly basis. The rent is paid first monthly in advance.

    The flat is occupied by the ground floor tenant on a separate Assured Shorthold Tenancy at £375 p.c.m. – annual equivalent £4,500 p.a.

    PRICE

    The freehold interest subject to the current occupations (combined rent £875 p.c.m.) is For Sale at £145,000.

  • Other Info

    ENERGY PERFORMANCE RATING: Shop: C / Flat: Awaiting Confirmation

Overview
Description
Accommodation
Terms
Other Info

Shop and Flat Investment fronting a main road offering a mix of retail interspersed with residential

Ground floor Post Office premises

Self-contained first floor flat

Rear parking

The shop is held on a 10-year lease from January 2019 at £6,000 p.a.exc. The flat is separately let at the equivalent of £4,500 p.a.

Combined income - £10,500 p.a.

The property is traditional brick built to two storey height with a ground floor shop operating as a Post Office and a separate first floor one bedroom flat accessed from the rear via Tennyson Avenue. The property benefits from UPVC double glazed windows in the main with gas central heating.

Ground Floor    
Sales area 36 sq m (388 sq ft)
Rear store/staff area 13.2 sq m (142 sq ft)
     
First Floor    
Rear bathroom 6.18 sq m (67 sq ft).
Bedroom with rear aspect 9.2 sq m (99 sq ft)
Hallway/landing - -
Front kitchen 5.52 sq m (59 sq ft)
Front lounge 5.52 sq m (105 sq ft)

Vehicular access and car parking to the rear off Tennyson Avenue.

LEASE TERMS

The ground floor is held on a 10-year commercial lease from 10 January 2019 at an initial rent of £6,000 p.a.exc. with rent reviews on a three yearly basis. The rent is paid first monthly in advance.

The flat is occupied by the ground floor tenant on a separate Assured Shorthold Tenancy at £375 p.c.m. – annual equivalent £4,500 p.a.

PRICE

The freehold interest subject to the current occupations (combined rent £875 p.c.m.) is For Sale at £145,000.

ENERGY PERFORMANCE RATING: Shop: C / Flat: Awaiting Confirmation

197 Chanterlands Avenue

Hull , HU5 3TP


The property is situated on the west side of Chanterlands Avenue close to its junction with Tennyson Avenue off which the property has rear vehicular access. The property is situated approximately two miles to the North West of Hull City Centre on a busy arterial route running between Cottingham Road and Spring Bank West. It offers a mix of retail and commercial premises along its length interspersed with residential terraces and high density housing on nearby side streets. On street car parking is available.

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