Property Information
Address:
447 Endike Lane, Hull, East Yorkshire
, HU6 8AG
, East Yorkshire
, United Kingdom
Price: Property no longer available.
Size: 112 to 507 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH629924
Property Ref/Agent: 8056
*Please use the agent ref when calling the agent directly.
Property description
The property comprises of a ground floor self contained retail shop with a large display window with electric roller shutter.
The premises consist of an open plan sales area which has suspended ceiling with fluorescent tube lighting and carpet with customer w/c facilities.
To the rear is staff facilities, tea point, w/c facility and office.
The first floor forms part of the lease for the ground floor and is currently not utilised.
Good retail pitch fronting Endike Lane.
Situated on an established parade of retail shops.
Existing lease to Coral for a term of 15 years on FRI terms from 01/10/2003.
Currently producing £12,000 p.a.
Net initial yield after costs of 7.8%.
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