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Investment
Investment For Sale Kingston upon Hull
PROPERTY ID: 124293
PROPERTY TYPE
Investment
STATUS
Under Offer
SIZE
2,039 sq.ft
Key Features
Mixed scheme retail and residential investment.
Hedon Insurance producing £15,500 PA and a Hair & Beauty Salon producing £6,500 pa raising to £7,300 pa on the 1.03.2024 .
First floor 2 bedroom flat with en-suite and off road parking producing £580 pcm £6,960 pa .Solar panel producing £350p.a.
The total income will provide £30,100 per annum with a revisionary yield of 10.09% after pc 2.88%
Property Details
The Property Comprises Of Ground Floor Retail Units Including A Large Retail Space Let To Hedon Insurance Which Provides Retail Space, W/c, Rear Storage Rooms And Kitchen. There Is Also A Smaller Unit Facing Church Street Which Is Currently Utilised As A Hair & Beauty Salon. The First Floor Provides A Two Bedroom Flat With The Main Bedroom Providing En-suite, W/c And Shower. The Flat Also Benefits From A Car Parking Space To The Rear.
About the Agent
Garness Jones Commercial Ltd
See Agent's Other PropertiesInvestment Unit
£290,000 Freehold
22-24 New Road, Kingston upon Hull, HU12 8EN
Investment -
Under Offer
2,039 sq ft
189 sqm
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