AN INVESTMENT PROPERTY COMPRISING A RETAIL SHOP LET AT £4680 PER ANNUM WITH VACANT SELF-CONTAINED THREE BEDROOMED FLAT ABOVE.

This investment property comprises a terraced shop unit with spacious living accommodation on two floors above. The shop is let to an established fruit and veg business which pays a monthly rental of £390. A spacious self-contained three bedroomed flat on the upper floors, with gas central heating, has a private rear entrance and potential for an additional letting income.

Tenure

The property is freehold and sold subject to the existing tenancies.

Location

The property is part of an established secondary shopping area around 1.25 miles west of the centre of the city. There is a large number and wide variety of shops and services in the area, and these serve a densely populated surrounding district. A modern retail shopping complex, with a car park, lies within approximately 100 yards of the property.

Accommodation

Ground Floor: Retail shop (approx. 350 sq ft / 32.5 sq m), storage/preparation room (approx. 250 sq ft / 23 sq m). Separate rear entrance hall to flat. First Floor: Landing, open plan living room/kitchen, bathroom/WC, bedroom three. Second Floor: Landing, two double bedrooms.

Viewing Details

By prior appointment with the auctioneers. Tel 01482 866844.

Joint Agent

Dee Atkinson & Harrison 11 Market Place Beverley East Yorkshire HU17 8BB Tel: 01482 866844

Services

All mains services are connected to the property. None of the services or installations have been tested by Auction House.

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Hull City Council

Solicitors

Sandersons Solicitors, 17-19 Parliament Street, Hull, HU1 2BH, Ref: Geoff Davis, Tel: 01482 324662

Additional Fees

Administration Charge - The purchaser will be required to pay an administration charge of £750 (£625 plus VAT) in addition to the purchase price of the property.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.