6 images
Wincolmlee, Hull, East Yorkshire, HU2 0PZ
For Sale £295,000 (Offers in the region of)
- Size: 3,144 sq.ft. / 3,144 sq.ft.
- Property Ref: 3081
- Type: Commercial Investment
The premises comprise of a single storey traditionally built office with large car park. The premises offer a mixture of open plan space with subsidiary rooms with kitchen and WC facilities. The premises have been fitted to a good specification with UPVC double glazed windows. Active Day Care limited is an established day care provider for adults with additional needs and have been operational for many years, that have recently renewed on a 10 year full repairing lease from 1st may 2025 with a passing rent of £26,950 for the first 2 years of the lease with 3 yearly Rent Review patterns thereafter.
Property features
- Established day care provider for adults with additional needs.
- A lease renewal was agreed on 1st May 2025 for a term of 10 years, on Full Repairing & Insuring terms.
- Passing rent of £26,950 per annum for 2 years with a review on the anniversary of the 3rd year.
- Active tenant: Active Day Care Limited Co.No. 09424186. Provides a Net Initial Yield of 8.87% after purchasers costs of 2.94%
