726 Holderness Road

Hull, HU9 3JA

Buy £149,950

Freehold Investment Opportunity

Commercial accommodation 38.1 sq m (410 sq ft) overall

Total area including uppers 85.7 sq m (922 sq ft)

Flat currently generating a gross income of £3,000 p.a. (£250 p.c.m.)

Nearby occupiers inc. Morrisons, Farmfoods, Delta Healthcare and Astoria Bingo

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The subject property is located on the south side of Holderness Road approximately 3 miles from Hull city centre within a terrace of commercial property near its entrance to the Morrisons supermarket. Holderness Road serves as one of the main access routes receiving high volumes of traffic and providing cross-city connections to and from the east of Hull. Nearby operators include Morrisons, Farmfoods, Delta Healthcare and Astoria Bingo.

Description

The mid-terrace property is of traditional brick construction built to two-storey height beneath a pitched interlocking concrete tile clad roof incorporating a rear single-storey projection beneath a mono pitched tile clad roof. The property façade is part rendered at the first-floor level with a uPVC shop front with single door access. Internally, the commercial element provides a main sales and staff kitchen benefitting from a suspended ceiling with strip lighting and surface mounted electrics. The rear lobby provides access to a ground floor kitchen serving a two-bedroom flat. There is garden and garage to the rear accessed off Aberdeen Street.

Accommodation

Commercial

Ground floor

Main sales

31.3 sq m

(337sq ft)

Kitchen

6.8 sq m

( 73 sq ft)

38.1 sq m

(410 sq ft)

Residential

Ground floor

Kitchen

11.3 sq m

(122 sq ft)

First Floor

Bathroom

4.3 sq m

( 46 sq ft)

Living room

15.0 sq m

(161 sq ft)

Bedroom 1

6.1 sq m

( 66 sq ft)

Bedroom 2

10.9 sq m

(117 sq ft)

47.6 sq m

(512 sq ft)

Total Internal Area

85.7 sq m

(922 sq ft)

Rear Garage

24.7 sq m

(266 sq ft)

Terms

The freehold interest is available For Sale at a guide price of £149,950.

Current Tenancy

The residential element is currently occupied under an informal arrangement at a passing rent of £250 pcm (£3,000 per annum).

We understand the tenant would be interested in entering into an AST agreement.

Rateable Value

The property is described as ‘Shop & Premises’ with a Rateable Value of £4,850, effective April 2017 which, under current provisions, provides 100% small business rates relief (subject to occupier status). Local Authority reference: 10230101072606.

The residential element of the property has a Council Tax banding of ‘A’ under Local Authority reference: 0230101072606.

Energy Performance Rating:

Awaiting Assessment

Property Enquiry

726 Holderness Road

726 Holderness Road