Property Information
Address:
Chamberlain Business Centre, Chamberlain Road, Hull, East Yorkshire
, HU8 8HL
, East Yorkshire
, United Kingdom
Price: Property no longer available.
Size: 100226 sq ft9310 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH629056
Property Ref/Agent: 17504
*Please use the agent ref when calling the agent directly.
Property description
Multi-let Office/ Industrial Investment For Sale
The site extends to 9,310.99 sq m (100,226 sq ft) approx on a total site site area of 8.10 acres.
The site provides a combination of office and industrial/trade units together with additional development land to the front of the site subject to any necessary consents and the demolition of block A.
The buildings are of varying construction and mostly benefit from loading and unloading facilities and car parking within the site.
Well established business park close to Hull city centre
Excellent asset management opportunities plus additional development
High occupation levels
Offers sought in excess of £1,850,000 (One Million Eight Hundred & Fifty Thousand Pounds) subject to contract and exclusive of VAT
Reflecting a gross yield of 24.22%
A net yield of 13% after allowing for running costs, purchasers costs at 5.85% and the 0.9 acre development plot
Potential yield when fully let over 18%
;