259 Hessle Road, HU3 4BE

259 Hessle Road

Hull, HU3 4BE


Price   £90,000


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1791-Hessle Road 1.jpg

259 Hessle Road

Hull

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  • Description

    The premises benefit from on-street parking immediately outside, a UPVC shop-front with security provided by two external roller shutter doors. Internally, the property is ready for an internal fit-out with retail accommodation of approximately 96 sq m (1,033 sq ft).

    The first and second floors have been converted into residential accommodation (1x 1 bedroom flat and 1x 2 bedroom flat) which at the time of preparing these particulars are both let on Assured Shorthold Tenancy agreements, generating a combined gross income of £6,600 per annum and are accessed from an independent UPVC door to Hessle Road; adjacent to the shop entrance.

  • Overview

    Freehold Investment

    Ground floor vacant retail with two flats each let on an AST

    Prominent position

    Currently generating an income of £6,600 per annum gross with scope to increase by letting the ground floor

    Guide Price £90,000

  • Location

    The premises are located on the south side of Hessle Road, approximately 2 miles west of Hull City Centre. Forming part of an established retail pitch, neighbouring occupiers include a number of regional and national traders together with established independent operators.

  • Accommodation
    Ground Floor retail area 82.39 sq m (887 sq ft)
      kitchen and ancillary stores 3.59 sq m (147 sq ft)
           
    Flat 1 lounge, bathroom 2 bedrooms and kitchen 58.41 sq m (629 sq ft)
           
    Flat 2 bedroom, open-plan kitchen/living area and bathroom 34.82 sq m (374 sq ft)
           
  • Disposal Terms

    The property is available For Sale at a guide price of £90,000 and could suit an owner occupier of the ground floor generating income from the flats or an investor seeking additional rent through letting the shop.

  • Planning

    The property previously traded as a shop with A1 consent but the property could suit other uses – subject to all necessary consents.

  • Other Info

    RATEABLE VALUE

    We understand the premises is described as “Shop and Premises” with a rateable value of £6,700. Occupiers may be eligible for small business rates relief subject to tenant status.

    ENERGY PERFORMANCE RATING:

    Retail: D
    Residential: Requires assessment

Overview
Description
Accommodation
Terms
Planning
Other Info

Freehold Investment

Ground floor vacant retail with two flats each let on an AST

Prominent position

Currently generating an income of £6,600 per annum gross with scope to increase by letting the ground floor

Guide Price £90,000

The premises benefit from on-street parking immediately outside, a UPVC shop-front with security provided by two external roller shutter doors. Internally, the property is ready for an internal fit-out with retail accommodation of approximately 96 sq m (1,033 sq ft).

The first and second floors have been converted into residential accommodation (1x 1 bedroom flat and 1x 2 bedroom flat) which at the time of preparing these particulars are both let on Assured Shorthold Tenancy agreements, generating a combined gross income of £6,600 per annum and are accessed from an independent UPVC door to Hessle Road; adjacent to the shop entrance.

Ground Floor retail area 82.39 sq m (887 sq ft)
  kitchen and ancillary stores 3.59 sq m (147 sq ft)
       
Flat 1 lounge, bathroom 2 bedrooms and kitchen 58.41 sq m (629 sq ft)
       
Flat 2 bedroom, open-plan kitchen/living area and bathroom 34.82 sq m (374 sq ft)
       

The property is available For Sale at a guide price of £90,000 and could suit an owner occupier of the ground floor generating income from the flats or an investor seeking additional rent through letting the shop.

The property previously traded as a shop with A1 consent but the property could suit other uses – subject to all necessary consents.

RATEABLE VALUE

We understand the premises is described as “Shop and Premises” with a rateable value of £6,700. Occupiers may be eligible for small business rates relief subject to tenant status.

ENERGY PERFORMANCE RATING:

Retail: D
Residential: Requires assessment

259 Hessle Road

Hull , HU3 4BE


The premises are located on the south side of Hessle Road, approximately 2 miles west of Hull City Centre. Forming part of an established retail pitch, neighbouring occupiers include a number of regional and national traders together with established independent operators.

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