The property is situated along Holderness Road approximately 2.5 miles north east of Hull city centre. The immediate area comprises a mixture of residential and various local businesses situated along Holderness Road. Holderness Road is one of Hull’s main arterial routes to and from the city with plenty of vehicle and pedestrian traffic passing by on a daily basis.
The property comprises of a ground floor double fronted retail unit with ancillary storage accommodation, staff kitchen and W/c situated towards the rear. The first and second floor comprises of a self- contained flat providing a large living room and bedroom to the first floor along with a kitchen and bathroom towards the rear. The second floor contains a large single room that could be utilised as a bedroom and/or storage. Additionally the flat benefits from a private balcony upon the first floor at the rear to provide outdoor space.
The flat is producing £495pcm and the retail unit is due to become vacant and is available on brand new lease terms. The property presents a mixed- use investment opportunity and is of interest to business owner occupiers with the added benefit of receiving income from the flat.
The freehold interest is available with offers in the region of £137,500. The ground floor retail unit is available on brand new lease terms at a rent of £6,000 per annum exclusive.
Viewings strictly through appointment via us as sole agent.
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