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402 Cottingham Rd
537 SF of Assignment Available in Hull HU6 8QE
Assignment Highlights
- Ground floor retail unit
- Prominently positioned adjacent to McDonalds, Goodfellowship Inn and a short walk from the University Campus
- Private rear yard with detached store
- Located on a busy retailing parade alongside a busy arterial road
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
Ground | 537 SF | Negotiable | $27.96 /SF/YR $2.33 /SF/MO $15,013 /YR $1,251 /MO | Fully Repairing & Insuring |
Ground
The property is available To Let on the following terms and conditions. Rent The commencing rental will be £12,000 per annum, exclusive of rates, VAT and all other outgoings and is payable quarterly in advance by standing order. The rental includes the first floor flat which is currently rented at £250 pcm Lease Term The property is available by way of an assignment of the existing lease. Repairs and Insurance The Tenant will be responsible for all repairs and decorations to the demised premises, together with the reimbursement of the Landlord’s buildings insurance premium applicable
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Fast Food Restaurant
- Highly Desirable End Cap Space
- Currently being used as a takeaway
- Suitable for a range of uses - subject to planning
- Assignment of existing lease
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 402 Cottingham Rd , Hull, NHS HU6 8QE
Property Type | Retail | Gross Leasable Area | 537 SF |
Property Subtype | Storefront Retail/Residential | Year Built | 1969 |
Property Type | Retail |
Property Subtype | Storefront Retail/Residential |
Gross Leasable Area | 537 SF |
Year Built | 1969 |
About the Property
The property comprises a ground floor retail unit which has previously been occupied as a fish and chip takeaway, and whilst all equipment and appliances have been removed, the property would suit a similar use. Benefitting from fitted electric security shutters to the front of the shop. The property also has a secure rear yard which houses a detached store that was previously used as a food preparation area. On the first floor is a self contained flat which is currently rented to a private individual at a rent of £250 pcm.
- Security System
- Automatic Blinds
- Storage Space
Learn More About Leasing Retail Properties
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402 Cottingham Rd
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