AN INVESTMENT PROPERTY COMPRISING A RETAIL SHOP LET AT £4,800 PER ANNUM.

This investment property comprises a terraced shop unit with ancillary accommodation on two upper floors. The building has been substantially extended at the ground floor creating a retail area of approx 875 sq ft (81 sq m) which includes a suspended ceiling with lighting and air conditioning, good electrical wiring provision, an alarm and fire security system. Upstairs office or storage space is also well appointed. The property is let (no written agreement) at a rent of £400 per month.

Tenure

Freehold. Subject to existing tenancy.

Situation

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. Nearby units are occupied by Couplands Bakery, Heron Foods and Wm Hill and a modern retail shopping complex, with a car park, lies within approximately 200 yards of the property.

Accommodation

GROUND FLOOR: Retail shop, disabled toilet, store room. FIRST FLOOR: Landing, front office one, internal office two, kitchen, lobby, staff toilet. SECOND FLOOR: Landing, attic store room. OUTSIDE: Small concreted rear yard with security boundary fence.

Viewing

By prior appointment with the auctioneers. Tel 01482 866844.

Joint Agent

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

Services

Mains water, electricity and drainage. None of the services or installations have been tested.

Energy Efficiency Rating (EPC)

Current Rating F

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

Rollits, Forsyth House, Alpha Court, Monks Cross, York, YO32 9WN, Ref: Douglas Oliver , Tel: 01904 688537

Offered in association with

Dee Atkinson & Harrison

Additional Fees

Buyer's Premium - The purchaser will be required to pay an buyers premium of £480 (£400 plus VAT) in addition to the purchase price of the property.

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.