Property photos
£615,000
(£57,135.37/sq. ft)
Property for sale
Princes Avenue, Hull HU511 sq. ft
Local area information
Property location
Nearby amenities
- Froebel House School 0.1 miles
- Pearson Primary School 0.2 miles
- Hull 0.9 miles
- Cottingham 2.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Investment premises located fronting Princes Avenue circa 1.5 miles west of Hull City Centre.
Located in long established destination leisure area with many café bars, restaurants and local retailers.
Comprising self contained café bar with front and rear outside seating together with three self contained flats.
Ground floor let on lease to 09/09/25 at £30,000 per annum.
Three flats let to same tenant on AST's until 09/09/25 at £23,000 per annum.
Total rent £53,000 per annum
Available at £615,000 which reflects a return of 8.1% after an allowance of say 6.5% for purchase costs.
Located in long established destination leisure area with many café bars, restaurants and local retailers.
Comprising self contained café bar with front and rear outside seating together with three self contained flats.
Ground floor let on lease to 09/09/25 at £30,000 per annum.
Three flats let to same tenant on AST's until 09/09/25 at £23,000 per annum.
Total rent £53,000 per annum
Available at £615,000 which reflects a return of 8.1% after an allowance of say 6.5% for purchase costs.
More information
Listed by
Topham Larard Commerical
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