Commercial Property

INVESTMENT

To Buy: £275,000

927 sq ft (86.12 sq m)

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%

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