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22 Southcoates Lane, Hull, East Riding of Yorkshire, HU9 3AB
For Sale £120,000 (Offers in the region of)
- Size: 948 sq.ft. / 948 sq.ft.
- Property Ref: 12099
- Type: Commercial Investment
The detached property comprises of 2 floors. To the ground floor, there is an open plan retail until, with large display windows to the front with electric roller shutter, fluorescent tube lighting, a room that could be used for storage or an office, staff wc and small kitchen. We believe the property benefits from class E use so can be used for a variety of uses such as retail, office, financial services, beauty and medical, other uses suitable subject to planning. to the Upper floor
there is a 1 bed self contained flat where the tenant is currently paying £420 pcm. £5,040 pa. The ground floor is currently let to a takeaway on a 7 year lease from September 2025 paying £6,500 pa. Producing a combined income of £11,540.
Property features
- Comprises of ground floor retail unit with self contained 1 bed flat to the upper floor.
- Ground floor currently occupied by a takeaway paying £6500 pa.
- Mixed use investment opportunity producing a combined income of £11,540
- Links to Holderness Road where there is a mixture of national and local retailers that's forms the main arterial road to Hull City from the East
