Call the team on 0845 400 9900 for more information
AN INDUSTRIAL INVESTMENT COMPRISING YARD AND RANGE OF BUILDINGS LET FOR APPROX £20,304 PER ANNUM.
***SOLD NOW TAKING ENTRIES FOR OUR NEXT AUCTION 22nd JANUARY 2020 CONTACT US FOR FURTHER DETAILS*** This industrial investment property comprises a site of about 0.69 of an acre (0.279 ha) including a range of workshops and stores with adjacent yard areas let for a figure of approximately £20,304 per annum. The buildings are a mixture of 19th century former warehouses with later additions and alterations and these are in multiple occupation with established businesses including tyre sales and motor repairs, motor body shop and vehicle conversions and recovery. A two storey former house/ office building (unit 1) is also used for storage.
Tenure
Freehold subject to the existing occupancies.
Situation
The property is about 1.5 miles north east of the centre of Hull and is part of a long established industrial area in the city which developed alongside the River Hull, the site actually bordering the west bank of the river at the rear.
Accommodation
Two storey office/store - approx total 1300 sq ft (120 sq m) external on two floors . Workshops/warehouses/stores - approx total ground floor areas 13,100 sq ft (1217sq m) internal. Concrete/hardcore yard with front security fencing & gates.
Rental Income
We are informed that lettings and rentals payable include the following, and occupation is by verbal agreement other than Unit 5 where there is a written tenancy agreement: Unit 1: Tenant Grant Gill. Rent £75 per month Units 2 & 3: Tenants Wincolmlee Tyres, Lewis Autos, PWR Recovery & Winters Motors. Rent: £667 per month Unit 4: Tenant KB Paint shop. Rent: £500 per month Unit 5: Tenant LPG Conversions and 24 Recovery. Rent: £450 per month
Viewings
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
Mains water, electricity and drainage are connected to this property, these services have not been tested by Auction House.
Energy Efficiency Rating (EPC)
Current Rating TBC
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
TLT LLP, 1 Redcliff Street, Bristol, BS1 6TP. , Ref: Ellen Crabtree , Tel: 0333 0060285
Offered in association with
Dee Atkinson and Harrison
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 - 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.