Retail premises for saleNorwich House, Savile Street, Hull HU1
Local area information
- Hull Trinity House Academy 0.2 miles
- Hull 0.3 miles
- St Charles Voluntary Catholic Academy 0.4 miles
- Hull Ferry Terminal 2.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
The property is situated in a prominent position in Hull City Centre approximately 400m east of Hull Railway Station. The property benefits from being just a short walk from Princes Quay Shopping Centre and the Prospect Shopping Centre with other neighbouring occupiers including the BBC, McDonalds and Tescos.
The property comprises a substantial 5 storey brick-built building extending to approx. 2,738 sq m (29,472 sq ft) and comprising 3 ground floor retail units and offices across 4 upper levels. The offices benefit from excellent natural light, central heating, perimeter trunking and 2 x 10 person passenger lifts.
A Tenancy Schedule is attached on page 3.
£1.3m. Based upon the current rent received of £184,452, this shows a investor purchaser an initial yield of approx. 14.2%.
To be offered via Acuitus auction Lot 36 on 18th May 2023
VAT is chargeable on the sale price.
Energy performance certificate
Energy Performance Certificates are available within the Auctioneer’s Legal Pack.
By contacting the joint auctioneers:-
Property descriptions and related information displayed on this page are marketing materials provided by - Sharma Williamson. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Sharma Williamson for full details and further information.