Guide price
£245,000
(£151.89/sq. ft)
Retail premises for saleCottingham Road, Kingston Upon Hull HU6
1,613 sq. ft
Added on
Scotts Property LLP
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About this property
High quality 2-bed resi accommodation (vacant) with self-contained shop (Let)
Living space to attic & first floor level 91 sq m (981 sq ft)
Secure drive with parking and large garage with roof top terrace above
Retail unit 58.7 sq m (632 sq ft) let to established tenant at £8,320 pa exc
Ideal opportunity to acquire quality living accommodation with rental income
Location/Description
The property is prominent to a busy arterial route on the north-western periphery of Hull. Situated c.4 miles from the city centre, it is close to the junction with Hall Road and Fairfax Avenue where there is a concentration of retail premises in what is otherwise a largely private residential location.
The extended end-terrace property is of traditional brick construction built to two-storey height plus attic accommodation under a mix of pitched tile clad and flat mineral felt roofs.
The property comprises a ground floor lock up shop t/a Le Style Hair Studio with spacious, good quality living accommodation at first floor and attic levels which benefits from secure parking and a large garage with a decked seating/amenity area above. Stairs lead down from this area to an enclosed rear yard to which the shop also has access.
The property has all mains services with gas fired central heating and uPVC double glazing. The shop benefits from an electric security shutter.
Accommodation
Attic 24.4 sq m (263 sq ft) double bedroom & box room
First Floor 66.7 sq m (718 sq ft) lounge/dining room, kitchen, double bedroom, shower room/WC
A door off the first floor landing provides access to the roof terrace. A layout plan of the residential accommodation is provided for guidance only.
Garage 33.0 sq m (355 sq ft)
Ground floor sales 58.7 sq m (632 sq ft)
Externally forecourt, secure driveway with car port, roof terrace and enclosed rear yard.
Rateable Value/Council Tax
The ground floor shop is assessed at a rateable value of £7,200 which provides full rate to a qualifying small business in occupation. The residential accommodation is in Council Tax Band A.
Lease Terms
The ground floor shop is occupied under the terms of a commercial lease at a current rent passing of £8,320 per annum (£160 pw equivalent). The current tenant has been in occupation since commencement of the lease in July 2000 with a wish to renew lease terms.
Price
The property is offered for sale at a guide price of £245,000.
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