Opportunity to purchase or lease the whole property in a vibrant retail location
Accommodation over both floors extending to c.77.4 sq m (833 sq ft)
The property has Edwardian features including curved glazing to recessed entrance
100% exemption under the Small Business Rates Relief Scheme to a qualifying business
Nearby occupiers include William Hill, Sainsburys, Lloyds Bank, Post Office and Cooplands
The property is situated in a central position on the western side of Newland Avenue approximately 3 miles north of Hull city centre.
Newland Avenue is in close proximity to the main campus of Hull University and offers a good mix of both retail and food & drink establishments with provision for on street car parking. The subject premises are positioned opposite a bus stop and a pedestrian crossing. The immediate area is recognised as a busy district retail location with a mix of occupiers that include local regional and national operators.
The property comprises a two-storey mid terrace of traditional brick construction under a slate pitched roof. The property provides a main sales, small kitchen and passageway access at the rear. The first floor provides additional sales area/ seating, a storage room and staff/customer WC’s.
The property is held on a ‘local building list’ due to its unique traditional features including a rare example of a late-Edwardian shop front including a curved plate glass frontage, glazed brick stallriser and a deep entrance lobby (or ‘arcade’) entrance with terrazzo floor.
Ground floor Main sales, kitchen | 48.5 sq m | (522 sq ft) |
First floor ‘sales’ / storage | 28.9 sq m | (311 sq ft) |
Total | 77.4 sq m | (833 sq ft) |
The property is offered For Sale at a guide price of £175,000 or is available To Let on a new commercial full repairing and insuring lease at a guide rent of £14,000 per annum exclusive.
RATEABLE VALUE
The premises are listed ‘Shop & Premises’ with a Rateable Value of £11,000 (2023 Rating List). Under current provision, an eligible
occupier may benefit from 100% exemption from any business rate liability under the Small Business Rates Relief Scheme. Enquires
should be made direct with Hull city council rating department.
ENERGY PERFORMANCE RATING: Awaiting Assessment
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