City Centre Retail Opportunity
Ground Floor Sales 66.6 sq m (717 sq ft). Total Accommodation 175.7 sq m (1,891 sq ft)
Located in the heart of the City Centre
Nearby operators include, Pandora, Dorothy Perkins, Deichmann and Thornton’s
Available immediately under a new lease, terms by negotiation
The property is located in a prime position on Whitefriargate in the city centre, a popular shopping street home to a variety of high street brands including; Pandora, Dorothy Perkins, Deichmann and Thornton’s. The immediate location has benefited from a £25 million investment scheme in the public realm, revamping the paving and public spaces with the aim of attracting increased visitor numbers and shoppers into the area. The property is also within the eligible boundary for the Humber High Street Challenge Fund. Interested parties are advised to visit the Hull City Council website for further information.
The property provides retail premises, with accommodation provided over three floors. The ground floor benefits from a fully glazed entrance and internal electric security shutter, into a well-proportioned ground floor sales area. The accommodation is open plan with a small staff office to the rear with a suspended ceiling with integrated lighting. Access to the upper floors is provided via a staircase from within the sales area, providing open plan first floor stores and staff facilities including toilets on the second floor.
Ground Floor Retail | 66.6 sq m | (717 sq ft) |
First Floor Stores | 65.9 sq m | (709 sq ft) |
Second Floor Staff & Stores | 43.2 sq m | (465 sq ft) |
Total | 175.7 sq m | (1,891 sq ft) |
Maximum Width 5.57m (18. ft.) x Maximum Depth 13.7m (45 ft.)
The property is available to Let under the terms of a new sublease by negotiation. The property is offered subject to a 3 year term with a phased rent starting at £10,000 p.a.exc in year one, £13,000 p.a exc in year 2 and £16,000 p.a exc in year 3. A rent deposit will be required.
RATEABLE VALUE
We understand that the property is assessed as ‘Shop & Premises’ with a Rateable Value of £17,000 under the 2017 Rating List – Source Valuation Office Website. To confirm rates payable please contact the local authority.
ENERGY PERFORMANCE RATING: Awaiting Confirmation
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