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106 Chanterlands Ave

505 SF Retail Building Hull HU5 3TS $187,660 ($372/SF) 9.68% Cap Rate

Investment Highlights

  • Currently producing an income of £14,220 per annum
  • Suitable for a variety of uses
  • Garden / yard space at the rear of the property

Executive Summary

The property is a mixed use investment comprising of a ground floor lock up shop and first floor one bedroom flat. The ground floor shop is currently trading as a gift shop & florist, with shop floor, rear store / staff area and W/C facilities. Additionally there is an outside yard / garden space that is accessed via either the rear of the shop and through a side gate alleyway. The first floor flat consists of a bathroom, kitchen, bedroom and living area, with PVC double glazing and gas central heating.

Property Facts Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
505 SF
Building Class
B
Year Built
1957
Price
$187,660
Price Per SF
$372
Cap Rate
9.68%
NOI
$18,172
Tenancy
Single
Building Height
2 Stories
Building FAR
0.31
Lot Size
0.04 AC
Frontage
14 FT on Chanterlands Ave

Amenities

  • 24 Hour Access
  • Energy Performance Rating - C
  • Energy Performance Rating - D
  • Storage Space

Nearby Major Retailers

Sainsbury's
Heron Foods
The Co-operative Food
Kings
Iceland
Lidl
ALDI
Lloyds Bank Plc
National Westminster Bank Plc
Morrisons
  • Listing ID: 30167522

  • Date on Market: 11/27/2023

  • Last Updated:

  • Address: 106 Chanterlands Ave, Hull HU5 3TS

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