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Investment
Investment For Sale Kingston upon Hull
PROPERTY ID: 109752
PROPERTY TYPE
Investment
STATUS
Under Offer
SIZE
17,784 sq.ft
Key Features
Freehold Industrial Investment Opportunity.
Workshop / warehouse with ancillary offices and large self contained yard.
Excellent location with easy access to the A63 and wider motorway network.
Currently producing an income of £54,000 per annum which reflects a Net Initial Yield of 7.90% after purchasers cost of 5.18%.
Potential for future rental growth.
Property Details
The Premises Provide Workshop/warehouse Accommodation With Ancillary Offices And Large Self Contained Yard Area. The Premises Are A Mixture Of Construction Types With The Large Main Workshop Been Reinforced Concrete Beam With Pitched Roof Covered In Full Height Profile Sheet Cladding To The Walls. This Building Has Been Extended With Steel Frame Truss Premises Again With A Pitched Roof And Full Height Profile Sheet Cladding. The Rear Two Storey Premise Are Of Steel Frame Construction With Low Level Brick Surmounted By Profile Sheet Cladding. And A Pitched Roof. The Dedicated Yard Area Is Secured With Perimeter Fencing And Double Access Gate.
About the Agent
Garness Jones Commercial Ltd
See Agent's Other PropertiesInvestment Unit
£650,000 Freehold
43 Strickland Street, Kingston upon Hull, HU3 4AD
Investment -
Under Offer
17,784 sq ft
1,652 sqm
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