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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 Properties

Investment 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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