To Buy: £275,000
75 PRINCES AVENUE, Hull, Hull, HU5 3QU
The property comprises of a mixed retail and residential investment with the ground floor consisting of a self contained retail lock up shop which has been let to Subway Realty Limited. The upper floors consist of communal kitchen and lounge with 3 residential rooms all let on an all inclusive basis incorporating gas, electricity, tv licence, telephone line and broadband. Full details of the Tenancy Agreements are available upon request.
Mixed retail and residential investment opportunity.
Situated in a prominent location on Princes Avenue.
Subway currently paying £12,500 per annum.
Upper floors consist of 3 all inclusive bedrooms.
Total income of £27,300 per annum providing a gross initial yield of the purchase cost of 9.63%