*Guide | £90,000 - £110,000 (plus fees)
- Shop
- Tenure: Freehold. The property is sold subject to existing tenancies - please see the legal pack for further details.
Call the team on 0845 400 9900 for more information
A freehold investment let to a long-standing tenant of over 50 years producing an income of £8,500pa (rent review due in December 2026).
An excellent freehold investment opportunity suitable for a SIPP, currently let to Ladbrokes Betting & Gaming Limited, who have been in occupation for over 50 years. The lease runs until 24 December 2031, with a rent review due in December 2026, giving potential for future rental growth. The tenant’s break option has also been pushed back from December 2026 to December 2029, offering added income security. A solid retail investment with a long-standing tenant and good potential going forward.
Tenure
Freehold. The property is sold subject to existing tenancies - please see the legal pack for further details.
Location
Anlaby Road is a residential area to the west of Hull which is well served by a range of local amenities, including supermarkets, convenience stores, takeaways, and independent shops. There are frequent bus services running along Anlaby Road providing easy access into Hull city centre, while road connections link easily to the A63 for travel further afield.
Accommodation
There is currently no access to the upper floor as the staircase has been removed. The ground floor/shop accommodation comprises of: Ground Floor Retail - 61.3sqm Ground Floor Kitchen - 3.8sqm Toilets - 4.2spm Total Area - 69.3sqm
Business Rates
Current rateable value (1 April 2026 to present) - £7,100.
Services
The property is believed to be connected to mains gas, electricity, water and drainage. None of the services or installations have been tested.
VAT
No VAT is applicable to the property.
Viewings
Strictly by appointment with the Auctioneers on 0845 400 9900 or the joint agents Penrose Commercial on 01482 250000.
Method of Sale
The property will be offered for sale by online auction with bidding commencing at 12 noon on Monday, 25th May 2026 and closing on Wednesday, 27th May 2026 at 1.00 pm. For further legal information relating to this lot, please log on to auctionhouse.co.uk/hullandeastyorkshire.
Joint Agents
Penrose Commercial, Bridgehead Business Park, Meadow Road, Hessle, East Yorkshire, HU13 0GD. Tel: 01482 250000
Energy Efficiency Rating (EPC)
Current Rating C52
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
Pepperells, 100 Alfred Gelder Street, Hull, East Yorkshire, HU1 2AE, Ref: Jessica Mackenzie, Tel: 01482 326 511
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - The purchaser will be required to pay a buyer’s premium of £900 (£750 + VAT) in addition to the purchase price of the property.
Administration Charge - The purchaser will be required to pay an administration charge of 0.3% subject to a minimum of £900 (£750 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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
