Property Information
Address:
437-439 Endike Lane, Hull
, HU6 8AG
Price: Property no longer available.
Size: 4697 sq ft436 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH628896
Property Ref/Agent: 16459
*Please use the agent ref when calling the agent directly.
Property description
300 MARFLEET LANE, KINGSTON UPON HULL, HU9 5AG
The property consists of a mid terraced retail unit with small rear yard and rear servicing.
The first floor which forms part of the demise is not accessible.
437-439 ENDIKE LANE, KINGSTON UPON HULL, HU6 8AG
The property comprises a detached double fronted retail unit offering large open plan sales accommodation with ancillary storage.
To the first floor is an independent residential flat together with separate office with potential for conversion to a second residential unit (subject to planning permission).
Small portfolio of two retail units in very popular suburban shopping parades
Let to high quality tenants
Excellent potential for re-letting/ re-negotiating terms
Total current rental income £45,800 with potential to increase to £47,800
Offers over £450,000 (plus VAT where applicable) which offers an initial yield of 9.71% with a potential to increase to 10.14% after allowing for cost
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