A MODERN OFFICE INVESTMENT PROPERTY LET ON A HEAD LEASE AT £30,000 PER ANNUM
This modern office building was constructed in 2008 as part of the popular Henry Boot Way commercial development on the Western outskirts of the City. The offices are fully DDA compliant including passenger platform lift and include designated parking. The unit is let and generates a gross income of £30,000pa.(see tenure section for full details).
Priory Park is one of the most popular business parks in the Hull and East Riding area, situated some 4 miles west of the city centre alongside the A62 dual carriageway, which gives easy in to the city centre and to the national motorway network. The estate includes a wide range of national, regional and local companies and also has excellent leisure and shopping facilities with the Village Inn, Sainsburys, Home Base and Aldi together with Hull's main park and ride facility, close by.
The property is held under freehold title and is currently let on a 10 year FRI head lease from 1st April 2017 at a passing rent of £30,000pa. Please refer to the legal pack to see a copy of the lease and further relevant information. Possession is subject to the existing tenancies. We believe that the first floor of the property has been sub-let on two sub-leases but full details of these are not available.
All mains services are believed to be connected but this has not been verified and can not therefore be confirmed.
Viewing is not available internally.
Energy Efficiency Rating (EPC)
Current Rating C
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Hull City Council
Birketts LLP, Providence House 141-145 Princes Street Ipswich IP1 1QJ, Ref: Oliver Crichton
Offered in association with
Dee Atkinson and Harrison
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.