Property Information
Address:
Anchor House Investment, Silvester Street, Kingston Upon Hull, East Riding Of Yorkshire
, HU1 3HA
, East Riding Of Yorkshire
, United Kingdom
Price: Property no longer available.
Size: 31545 sq ft2931 sqm
Primary Category: Office
All Categories:
Investment, Office,
Property Ref/Movehut: MH679045
Property Ref/Agent: 11584
*Please use the agent ref when calling the agent directly.
Property description
Anchor House was originally developed in the early 1990s and more recently has undergone a sympathetic refurbishment to provide quality office accommodation and retain the charm and character of this beautiful, listed building.
The Maltings was developed as a brewery in the 19th century and now is regarded as one of the most attractive office developments within the city.
The accommodation comprises of multiple office suites over the building's three floors with an attractive lobby entrance and staircase and lift facilities serving all floors.
The office suites retain many original features combined with a modern fitout.
Fantastic opportunity to secure a 13% initial yield with a total income of £344,572 per annum.
Very low capital value of £79 per sq ft, well below vacant possession rates.
Six quality tenants in varied sectors.
Floor area - 31,545 sq ft.
Car Parking - there are approximately 30 car parking spaces located externally and underneath the rear of the building, which equates to a ratio of 1:1052 sq ft.
AWULT of 3.79 years to expiry and 3.05 years to break
Highly attractive to a purchaser seeking an asset management opportunity.
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