3 bed light industrial for sale

Hessle Road, Hull HU4

Guide Price £190,000 - £200,000 plus Reservation Fee

An excellent opportunity to acquire a mixed-use investment property occupying a prominent frontage position on Hessle Road. Comprising a ground floor retail unit and two self-contained flats, the building generates a combined annual rental income of approximately £19,200, equating to an attractive yield of around 10% (subject to purchase price). This represents a strong addition to any investor’s portfolio with diversified income streams under one roof.

The commercial element is positioned to the front of the property and benefits from a traditional shop frontage facing directly onto Hessle Road, providing excellent visibility and passing traffic. Internally, the retail unit comprises a main sales/office area to the front, with a kitchen and recreational/staff area, WC facilities and a generous storage cupboard situated to the rear, offering practical and flexible working space.

To the rear of the ground floor is a self-contained one-bedroom flat, providing additional rental income and making efficient use of the footprint. Accessed separately to the rear is a first-floor two-bedroom flat, offering well-proportioned accommodation and further strengthening the overall investment appeal.

Hessle Road is one of the principal arterial routes leading into Kingston upon Hull city centre from the west of the city. The area is well established with a mix of residential housing, independent retailers and local businesses, benefiting from consistent footfall, strong transport links and convenient access to the A63 and surrounding areas. Its prominence and connectivity make it a popular and practical trading location.

This is a ready-made investment opportunity offering immediate income and long-term potential in a highly visible and accessible position.

Key Features:

Mixed-Use Investment Property
Retail Unit Plus Two Self-Contained Flats
Combined Annual Income Approx. £19,200
Approximate 10% Yield (Subject to Price)
Prominent Frontage on Hessle Road
Ground Floor One Bedroom Flat
First Floor Two Bedroom Flat
Established Trading & Residential Location
Reservation Fee Applicable – T&c’s Apply
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Fees, Exclusivity & Disclaimer
Reservation Fee:
Upon acceptance of an offer, the Buyer is required to pay a non-refundable Reservation Fee of 2% of the purchase price (minimum £2,500 + VAT). This fee is in addition to the purchase price. Once paid, the property will be immediately taken off the market, preventing gazumping, reducing delays, and providing peace of mind.

Refund Policy:
The Reservation Fee may be refunded only in specific circumstances, such as:

The seller withdrawing from the sale
A chain collapsing beyond the Buyer’s control
Significant structural issues confirmed by a qualified structural survey

For full details of refund eligibility, please contact our office.

Exclusivity:
Upon payment of the Reservation Fee, rezee grants the Buyer a fixed exclusivity period of 90 days from the issue of draft contracts. During this time, the property is reserved exclusively for the Buyer.

Buying Process:
Register your interest
Prepare your finances
Arrange a viewing
Make an offer
Secure the sale via our secure system
Exchange and complete

Important Information & Disclaimer:
A Ready Sale Pack containing detailed property information is available. Buyers are advised to review this pack and undertake their own due diligence before committing to purchase.
Buyers must verify their id and provide proof of funds as part of our compliance process.
rezee may offer related services (conveyancing, financial advice, surveying, etc.) and may receive referral fees from third-party providers.
While we take care to ensure sales particulars are accurate, they do not form part of any offer or contract and should not be relied upon as statements of fact.

Stamp Duty (sdlt):
Not all property purchases are subject to sdlt. Liability depends on factors such as purchase price and buyers position. Buyers should seek advice from a solicitor or tax adviser to confirm whether sdlt applies to their purchase and how much they would have to pay.

rezee’s Approach:
Our innovative selling process provides a secure and transparent way to buy property, designed to protect all parties and reduce the risks of failed sales.