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Offers in region of
£350,000Property for sale
611-611a Holderness Road, Hull, HU8 9AL
Property
3,513 sq ft / 326 sq m
Features and description
- Mixed use retail and residential investment.
- Comprising of two retail units on the ground floor with a combined income of £24,000.
- Spacious 3 Bed Flat producing £ 500 pcm ( £6,000 per Annum)
- Situated on established parade of retail shops.
- The property is producing £30,000 per annum which reflects a NIY of 8.28% after PC of 3.5%
The premises comprises of a End-terraced mixed commercial and residential investment opportunity. The ground floor of 611a is currently being used a funeral directors. With a reception area, 3 other separate spaces, kitchen and staff wc facilities. 611 comprises of a ground floor retail shop, which is to operate as a barbers with an open plan shop floor with a store, kitchen and staff wc facilities. Above the shop there is a spacious 3 bed flat with separate kitchen , lounge and shower room with separate wc. Both ground floor lock up shops benefit from electric roller shutters to the large display windows and suspended ceilings with LED lighting.
Property information from this agent
About this agent
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We can guide you on every aspect of buying, selling, leasing and managing commercial property. From carrying out valuations, surveys and lease renewals, to giving you advice on investment and development opportunities. We’re well-connected in the local and surrounding areas. So we can take a broad view of the property market and give you the best advice on the sale and lease of commercial sites. Above all, we put you first. It’s our job to get the result you want, and we achieve this through hard work, years of experience and a well-rounded knowledge of the market. We are part of the Garness Group of property companies.