27 Princes Av
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27 Princes Av
1,563 SF 100% Leased Retail Building Hull HU5 3RX $173,936 ($111/SF)
Investment Highlights
- Freehold Mixed Use Investment on busy retailing street
- Ground Floor Retail Unit with Residential Upper Parts
- Retail Unit Let at £9,500 per annum
Executive Summary
The property comprises a high yielding mixed use investment opportunity located in an established and popular location.
Arranged as a ground floor shop with a two bedroom flat on first, second and third floors with a rear balcony; the property is fully let to two separate tenants producing a total combined annual rent of £16,640 per annum.
The property is located approximately one mile north-west of Hull City Centre in a prominent position on the west side of Princes Avenue. Nearby occupiers include Tesco Express, DHL and a number of independent shops, cafe's and restaurants.
Arranged as a ground floor shop with a two bedroom flat on first, second and third floors with a rear balcony; the property is fully let to two separate tenants producing a total combined annual rent of £16,640 per annum.
The property is located approximately one mile north-west of Hull City Centre in a prominent position on the west side of Princes Avenue. Nearby occupiers include Tesco Express, DHL and a number of independent shops, cafe's and restaurants.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,563 SF
Year Built
1960
Price
$173,936
Price Per SF
$111
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
1.20
Lot Size
0.03 AC
Amenities
- 24 Hour Access
- Storage Space
- Air Conditioning
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27 Princes Av
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