Property Information
Address:
Portland House, 57 Prestongate, Hessle, East Yorkshire
, HU13 0RD
, East Yorkshire
, United Kingdom
Price: Buy: POA
Size: 1604 sq ft149 sqm
Primary Category: Investment
All Categories:
Investment, Office,
Property Ref/Movehut: MH687210
Property Ref/Agent: 9054
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 7, 2024
Property description
The offices are accessed off Prestongate and provide 4 offices and a board room, fit out with LED lighting and modern grey cord tiled carpet . The offices benefit from a kitchen and separate ladies and gents w/c facilities.
The property also lends itself to be opened up to create an open plan office space if required.
First floor office investment.
Currently producing an income of £16,000 per annum. Let on a 6-year lease from February 2023 with a rent review February 2026
Which reflects an Net Initial Yield of 9.84% after purchasers costs of 1.63%.
For sale on long leasehold interest with 961 years remaining.
The unit benefits from Class E use consent.
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