Last Updated: 14th Oct 2024
The end-terrace property is of traditional brick construction extending to three-storey height , primarily under a combination of concrete tile and slate pitched roofs incorporating a substantial dormer to the rear together with a single-storey flat roof projection. The ground floor provides a lock up shop ideally suited to the specialist retail service operation that has been undertaken from the premises for a number of years. It would equally suit a professional/office provider benefitting from the full height anodised display front with a return to Vane Street and a brick-set forecourt. A separate entrance off Vane Street provides access to the upper floor (not inspected), understood to comprise 2 bedroom accommodation held on a longer term arrangement by a social housing provider.
Location
Spring Bank forms part of a main arterial route running west from its junction with Ferensway, Beverley Road and Freetown Way. The subject property is located within 100m to the west of that junction on the north side at the junction with Vane Street. Opposite is the former Hull Daily Mail headquarters, which remains their base, but has been adapted in more recent years to provide a range of office/business accommodation and leisure facilities known as 'Worx'.
Tenure
The freehold is available at a price of £130,000.
Ground floor retail / professional services unit 54.8 sq m (590 sq ft)
2 bed upper floor flat
Longstanding ground floor tenant with flat let to a social housing provider until January 2028
Combined annual rent £11,148 per annum
Prominent main road position close to the city centre
