Large vacant shop with separate flat
Main sales w c.5.4m (18’) x d c.18.7m (61’)
Sales area 111 sq m (1,195 sq ft)
Total commercial space c.187 sq m (2,013 sq ft)
Separate self-contained flat above let at £425 pcm (annual equivalent £5,100)
Part of established neighbourhood trading location
The subject property is located on the south side of Endike Lane approximately 4 miles north of Hull city centre. Endike Lane is a popular trading location benefitting from a large residential catchment with on-street car parking. There is a mix of national, regional and local occupiers present including Cooplands, Heron Foods and Iceland.
Description
The subject property comprises a two-storey semi-detached building of brick construction beneath a main pitched tile roof with substantial single and two storey projections to the rear to create a large extended commercial unit. The first floor comprises 1 bedroom self-contained living accommodation.
The ground floor recently traded as an amusement arcade which is available with full vacant possession. The flat is Let under an Assured Shorthold Tenancy (AST) producing £425 pcm (annual equivalent £5,100).
Accommodation
Ground Floor Sales width c.5.4m (18’) x depth 18.7m (61’) - this extends further into the former café area by width 3.8m (12’ 6”) x depth 3.7m (12’)
Ground Floor Sales area c.111 sq m (1,195 sq ft)
Corridor access to rear customer/staff WCs & kitchen facilities - GIA 30 sq m (323 sq ft)
First floor stores above (not inspected) which we understand mirrors this area - GIA 30 sq m (323 sq ft)
Offices (not inspected) estimated 16 sq m (172 sq ft) -
Total area c.187 sq m (2,013 sq ft)
First floor residential accommodation (not inspected) 45 sq m (484 sq ft) GIA [ref EPC assessment]
Terms
The property is offered For Sale freehold with full vacant possession of the commercial space and occupation of the flat under an AST at a guide price of £185,000.
RATEABLE VALUE/COUNCIL TAX
The property is described as ‘Shop & Premises’ at £9,300 RV. Under current legislation, a qualifying small business will benefit from full rate relief.
The residential accommodation is in Council Tax band A.
ENERGY PERFORMANCE RATING: Ground Floor - tbc / Flat – ‘C’
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