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Anlaby Rd

4,178 SF 100% Leased Retail Building Hull HU3 2SE $493,665 ($118/SF) 12.54% Cap Rate

Investment Highlights

  • Close proximity to Hull Royal Infirmary
  • Benefitting from rear yard and potential for further development

Executive Summary

271 Anlaby Road comprises of a ground floor retail/office. The rear of the ground floor has been converted to a large 3-bedroom apartment for individual room lets with communal shower and kitchen facilities. On the first floor there is a 2-bedroom apartment together with a studio flat located on the second floor.
273 Anlaby Road comprises of a commercial unit on the ground floor with two 1-bedroom flats on the first floor, and a studio apartment on the second floor.
There is a pedestrian right of way via Coltman Street with an additional pedestrian and vehicle right of way via the rear of 277 Anlaby Road with an informal agreement of £100 pa to the rear yard which includes a container used for storage.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
4,178 SF
Building Class
B
Year Built
1955
Price
$493,665
Price Per SF
$118
Cap Rate
12.54%
NOI
$61,881
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Frontage
13 FT on Anlaby Road

Amenities

  • Storage Space

Nearby Major Retailers

Heron Foods
Iceland
Kings
Tesco Extra
Prezzo
Nando's
Starbucks
ASDA
Costa Coffee
T S B
  • Listing ID: 29206212

  • Date on Market: 8/7/2023

  • Last Updated:

  • Address: Anlaby Rd, Hull HU3 2SE

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