Call the team on 0845 400 9900 for more information
A vacant City Centre retail unit with planning for Hot Food Sales (A5) - Excellent investment opportunity.
***STILL AVAILABLE CONTACT US FOR FURTHER DETAILS*** The property comprise of modern two storey building with spacious sales area to the ground floor plus staff / storage accommodation. A rear staircase leads to the first floor which provides additional storage accommodation. The Unit recently has operated as a hot food takeaway. Externally there is one car parking space available to the rear of the parade.
Tenure
Freehold with vacant possession on completion.
Situation
George Street is located to the east of Hull city centre and runs parallel to Dock Street within close proximity to the BBC studios, Police Headquarters, Queen's Gardens and Savile Street retailing area. Both commercial and residential occupiers are attracted to the area.
Accommodation
The accommodation briefly comprises (all areas and dimensions approximate): Ground Floor: internal shop width 5.130m (16'9), Maximum shop depth 10.962m (35'11), Total sales area 56.23sq m (605 sq ft) Plus rear lobby, staff kitchen and store, staircase to first floor storage Total Ground floor area: 61.67 sq m (663 sq ft) First Floor:Stores 56.6 sq m (609 sq ft) External: Single car parking space to the rear.
Potential Investment Return
It is estimated that the property is capable of generating a rental income of £10,500 pa. On Full repairing and insuring terms.
Business Rates
The proposed rateable values for 2017/2018 is £4,750, which are subject to a rate in the pound of 0.466. Interested parties are advised to confirm the accuracy of the above figure by contacting the Local Authority directly and to ascertain whether transitional relief is still available on the property, or if the rateable value is under appeal. Rate incentive could apply.
Services
Purchasers should make their own enquiries.
Joint Agent
PPH Commercial The Hesslewood Estate Ferriby Road Hessle East Yorkshire, HU13 0LG 01482 648888
Viewings
Strictly by appointment with the Joint agents on either 0845 400 9900 or 01482 648888
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
HCB Solicitors, 679 Warwick Road, Solihul, West Midlands B91 3DA, Ref: Sam Jones, Tel: 0121 237 3082
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
Administration Charge - Purchasers will be required to pay an administration fee of £600 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.