336 Holderness Road Hull East Riding of Yorkshire HU9 3DQ

  • 336 Holderness Road<br>Hull<br>East Riding of Yorkshire<br>HU9 3DQ

336 Holderness Road
Hull
East Riding of Yorkshire
HU9 3DQ

Freehold Retail and Residential Investment

  • Shop let to William Hill with 3 separately-accessed flats above all let on AST's
  • Shop lease expires September 2027 (No breaks)
  • Shop refurbished in 2022
  • Two x 2-bed flats and one 1 x bed flat above each with separate gas, electricity and water supplies
  • VAT-free investment
  • Established local retail parade in vibrant shopping area
  • Nearby occupiers include Asda Superstore, Iceland Supermarket, B&M, McDonald's, Home Bargains and Cooplands
  • Lot
    39
  • Auction
    9th May 2024
  • Rent
    £27,400 per Annum Exclusive
  • Status
    Available
  • Guide*
    Contact Us
  • Sector
    High Street Retail/Residential
  • Auction Venue
    Live Streamed Auction
Important Update
  • Expand
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Freehold Retail and Residential Investment

  • Shop let to William Hill with 3 separately-accessed flats above all let on AST's
  • Shop lease expires September 2027 (No breaks)
  • Shop refurbished in 2022
  • Two x 2-bed flats and one 1 x bed flat above each with separate gas, electricity and water supplies
  • VAT-free investment
  • Established local retail parade in vibrant shopping area
  • Nearby occupiers include Asda Superstore, Iceland Supermarket, B&M, McDonald's, Home Bargains and Cooplands
  • Lot 39
  • Auction 9th May 2024
  • Rent £27,400 per Annum Exclusive
  • Status Available
  • Guide* Contact Us
  • Sector
    High Street Retail/Residential
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
2 miles east of Hull City Centre, 37 miles south-east of York, 56 miles east of Leeds
Roads
A63, A165, A1033
Rail
Hull Railway Station
Air
Leeds/Bradford Airport
Situation

The property is prominently located on the south side of Holderness Road (A165), in an established retail parade, 2 miles east of Hull City Centre in a vibrant shopping area with a mix of national and independent retailers. Nearby occupiers include Asda Superstore, Iceland Supermarket, B&M, McDonald's, Home Bargains and Cooplands.

Tenure

Freehold.

Location
Miles
2 miles east of Hull City Centre, 37 miles south-east of York, 56 miles east of Leeds
Roads
A63, A165, A1033
Rail
Hull Railway Station
Air
Leeds/Bradford Airport
Situation

The property is prominently located on the south side of Holderness Road (A165), in an established retail parade, 2 miles east of Hull City Centre in a vibrant shopping area with a mix of national and independent retailers. Nearby occupiers include Asda Superstore, Iceland Supermarket, B&M, McDonald's, Home Bargains and Cooplands.

Tenure

Freehold.

Description

The property comprises a shop arranged on the ground floor, with three separately-accessed flats (2x2 bed and 1x1 bed) let on AST's, arranged on the first floor. Each flat have the benefit of their own gas, electricity and water supplies.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC's will be available to view online in the solicitor’s legal pack.

Description

The property comprises a shop arranged on the ground floor, with three separately-accessed flats (2x2 bed and 1x1 bed) let on AST's, arranged on the first floor. Each flat have the benefit of their own gas, electricity and water supplies.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC's will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
(Approx sq ft)
Tenant Term Rent p.a.x.
Ground Betting Office
72.83
(784)
WILLIAM HILL ORGANIZATION LIMITED (1) 20 years from 28/09/2007
£14,500
First
(Flat 1)
Residential - 2 bed flat
46.82
(504)
AN INDIVIDUAL AST 6 months from 01/02/2024 at £375 pcm
£4,500
First
(Flat 2)
Residential - 2 bed flat
44.68
(481)
AN INDIVIDUAL AST 6 months from 30/10/2018 (Holding over) at £375 pcm
£4,500
First
(Flat 3)
Residential - 1 bed flat
40.13
(432)
AN INDIVIDUAL AST 6 months from 12/05/2022 (Holding over) at £325 pcm
£3,900
Total  
204.46
(2,201)
   
£27,400

(1) For the year ending 27/12/2022, William Hill Organization Limited reported a turnover of £510,000,000, a pre-tax profit of £5,100,000 and a net worth of minus £5,500,000 (www.northrow.com)

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    18.04.24
    File Size
    10 MB
    Login to View
  • Brochure
    Updated Date
    09.05.24
    File Size
    3 MB
    View PDF
  • Common Auction conditions
    Updated Date
    20.05.24
    File Size
    620 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Henry JohnHenry John +44 (0)20 7034 4860 +44 (0)7876 884 320henry.john@acuitus.co.uk
Seller's Solicitors
Gosschalks LLP Queens Gardens, Dock Street
Hull
HU1 3DZ
Craig Beetham 01482 324 252cb@gosschalks.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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