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MapResidential development for sale
Garages At, 22-26 Cranbourne Street, Hull, East Riding Of Yorkshire, HU3 1PP
Residential development
0.19 acre(s)
Key information
Features and description
- Site consists of 25 garages located in a built-up residential area.
- Producing £13,000 per annum. £10 per garage per week.
- Provides a Net Initial Yield of 9.49% after purchasers costs of 1.5%.
- Suitable for development subject to planning.
The site consists of 25 garages which have been let out at £10 per week, with an annual income of £13,000 per annum and sits on a site acreage of 0.19 acres (0.08 hectares). The site is suitable for an investment or potentially development subject to planning with the local planning authority which is Hull City Council .
Property information from this agent
About this agent
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.
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