Attractive Grade II listed building located on historic town centre thoroughfare
Comprises a three storey retail unit with two vacant possession residential flats
Situated just off the prime pedestrianised Whitefriargate
Lot 80
Auction 18th October 2018
Rent £8,000 per Annum Exclusive
Status Sold Post
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On Behalf of a Major Fund Manager
Property Information
Location
Miles
38 miles south-east of York
58 miles east of Leeds
Roads
A63, A1079
Rail
Hull Railway Station
Air
Doncaster/Sheffield Robin Hood Airport
Situation
The property is situated on the western side of Land of Green Ginger, a historic street off the pedestrianised Whitefriargate, one of Hull’s prime retail thoroughfares housing occupiers including Superdrug, HSBC, Boots and Greggs.
Tenure
Freehold.
Location
Miles
38 miles south-east of York
58 miles east of Leeds
Roads
A63, A1079
Rail
Hull Railway Station
Air
Doncaster/Sheffield Robin Hood Airport
Situation
The property is situated on the western side of Land of Green Ginger, a historic street off the pedestrianised Whitefriargate, one of Hull’s prime retail thoroughfares housing occupiers including Superdrug, HSBC, Boots and Greggs.
Tenure
Freehold.
Description
The property, a Grade II listed building, comprises a ground floor retail unit with ancillary accommodation on first and second floors. In addition, there are two self-contained residential flats on upper floors offered with vacant possession.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property, a Grade II listed building, comprises a ground floor retail unit with ancillary accommodation on first and second floors. In addition, there are two self-contained residential flats on upper floors offered with vacant possession.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit No.
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
2
Ground First Second
Retail Ancillary Ancillary
87.50 sq m 66.90 sq m 71.30 sq m
(942 sq ft) (720 sq ft) (767 sq ft)
INDIVIDUAL t/a Horizon Tattoo Co
5 years from 01/08/2018 (1)
£8,000
31/07/2023
Flat C
First/Second
Residential
2 bedroom flat
VACANT POSSESSION (2)
Flat D
First/Second
Residential
2 bedroom flat
VACANT POSSESSION (2)
Total Commercial
225.70 sq m
(2,429 sq ft)
£8,000
(1) The lease provides a tenant option to determine on 01/08/2020 subject to 6 months’ notice (2) The residential flats were recently let at £7,140 p.a. each
