Description

£475,000PCM Freehold Hessle Road, Hull, HU3

 

FOR SALE BY AUCTION: Terms and conditions apply. 

 Link to auction page: https://www.pattinson.co.uk/property?id=405372

retail in HU3

Accommodation. 239 Hessle Road (commercial) 1,041 sq.ft. 97 sq.m 241 Hessle Road (commercial) 465 sq.ft. 43 sq.m First floor (flat 1) 435 sq.ft. 40 sq.m

www.pattinson.co.uk

Offered for sale :

2 EXCELLENT RETAIL UNITS BOTH WITH THRIVING BUSINESSES ON BOARD

3 FURNISHED APARTMENTS PRODUCING AN EXCELLENT RENTAL RETURN

An opportunity also exists (with the necessary planning consents) to develop a further 3 apartments to the second floor. Such an initiative would achieve a high ROI considering the infrastructure that already exists below.

Behind the buildings is a secure outside space providing off-road parking.

These adjacent properties have commercial units to the ground floor. The bakery at 241 Hessle Road has an 8 year lease with 5 years remaining. The neighbouring property is a beautician studio Aesthetics 4U. The studio comprises a selection of partitioned units with a selection of qualified doctors and therapists providing a range of skin treatments,

The apartments are spacious, self contained, well designed and fully let. Each is individually metered fro utilities and has its own air conditioning system. The tenancies are structured so that the tenants are responsible for the utilities with the exception of Wifi which is included in the rental payment.

The building was recently fully refurbished to a very high standard. All parts of the building have been upgraded and are in excellent condition. The apartments have individual EPC ratings of 66, 67 and 68 so although they all have a D rating, the threshold for a C rating is 69 so they will require minimal efficiency upgrade measures to reach this level. 

The area sizes are as follows:

239 Hessle Road (commercial)       1,041 sq.ft.          97 sq.m

241 Hessle Road (commercial)       465 sq.ft.             43 sq.m

First floor (flat 1)                          435 sq.ft.             40 sq.m

First floor (flat 2)                          559 sq.ft.             52 sq.m

First floor (flat 3)                          461 sq.ft.             43 sq.m

Total                                          2961 sq ft            275sq.m

The building is currently fully occupied and the total monthly rental is £52,000pa.

Architects technical drawings are available for inspection, in addition to a site plan and further drawings for the possibility of development into the second floor. There is currently a fixed staircase leading to the 2nd floor so access is possible, but this area is otherwise undeveloped.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

 

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

 

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

 


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Features

Fully Furnished, Air Conditioning, Popular location, Lots of potential, Shops and amenities nearby, Close to Hull Royal Infirmary

EPC

Street View

Map & Nearby

Primary

0.28 miles
Chiltern Primary School

Primary

0.44 miles
Adelaide Primary School

Secondary

0.46 miles
The Boulevard Academy

Primary

0.54 miles
Newington Academy

Primary

0.62 miles
St George's Primary School

Primary

0.84 miles
Paisley Primary School

Primary

0.87 miles
Wheeler Primary School

Primary

0.87 miles
Wheeler Primary School

Primary

0.98 miles
Francis Askew Primary School

Primary

1.03 miles
Collingwood Primary School

Primary

1.15 miles
Thoresby Primary School

Secondary

1.21 miles
Hull Trinity House Academy

Primary

1.26 miles
St Charles' Roman Catholic Voluntary Aided Primary School

Primary

1.39 miles
Pearson Primary School

Primary

1.42 miles
Eastfield Primary School

Primary

1.45 miles
Clifton Primary School

Nursery

1.45 miles
Clifton Children's Centre

Secondary

1.52 miles
Endeavour High School

Secondary

1.52 miles
Hull Studio School

College

1.52 miles
Hull College

Primary

1.67 miles
Victoria Dock Primary School

Primary

1.73 miles
Stepney Primary School

Secondary

1.74 miles
Sirius Academy

Primary

1.78 miles
St Vincent's RC Primary School

Primary

1.89 miles
Bricknell Primary School

Bus

0.01 miles
St Andrews, Boulevard (W-bound)

Bus

0.05 miles
St Andrews, Boynton Street (S-bound)

Bus

0.06 miles
St Andrews, Marmaduke Street (W-bound)

Bus

0.07 miles
St Andrews, Newton Street (N-bound)

Bus

0.10 miles
St Andrews, Eton Street (W-bound)

Bus

0.13 miles
St Andrews, Strickland Street (W-bound)

Bus

0.14 miles
St Andrews, Rosamond Street (E-bound)

Bus

0.18 miles
St Andrews, Coltman Street (E-bound)

Bus

0.23 miles
Newington, Chomley Street (SE-bound)

Bus

0.26 miles
St Andrews, Rugby Street (E-bound)

Train

0.92 miles
Hull Rail Station

Train

2.31 miles
New Holland Rail Station

Train

2.90 miles
Barrow Haven Rail Station

Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.

For sale

Apartment
3 bedroom(s)
3 bathroom(s)
3 receptions
No garden
Yes parking
0.00 sqm
N/A pets

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