Property Information
Address:
22-24 New Road, Hull, East Yorkshire
, HU12 8EN
, East Yorkshire
, United Kingdom
Price: Sale Price: £290,000
Size: 2039 sq ft189 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH687211
Property Ref/Agent: 9257
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 14, 2024
Property description
The property comprises of ground floor retail units including a large retail space let to Hedon Insurance which provides retail space, w/c, rear storage rooms and kitchen.
There is also a smaller unit facing Church Street which is currently utilised as a Hair & Beauty Salon.
The first floor provides a two bedroom flat with the main bedroom providing en-suite, w/c and shower.
The flat also benefits from a car parking space to the rear.
Mixed scheme retail and residential investment.
Hedon Insurance producing £15,500 PA and a Hair & Beauty Salon producing £6,500 pa raising to £7,300 pa on the 1.03.2024 .
First floor 2 bedroom flat with en-suite and off road parking producing £580 pcm £6,960 pa .Solar panel producing £350p.a.
The total income will provide £30,100 per annum with a revisionary yield of 10.09% after pc 2.88%
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