£150,000

Retail premises for sale

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£150,000

(£98.81/sq. ft)

Retail premises for sale

Suffolk House, Silver Street, Hull, East Riding Of Yorkshire HU1

1,518 sq. ft

Local area information

Property location

Nearby amenities

  • Hull Trinity House Academy 0.3 miles
  • Victoria Dock Primary School 0.4 miles
  • Hull 0.5 miles
  • Hull Ferry Terminal 2.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Extends to approximately 141 sq m (1,518 sq ft) overall
  • Recent consent for a change of use to Class E (General retail, office, professional services, and restaurant uses permitted)
  • Situated in the heart of Hull's historic 'Old Town'
  • Nearby occupiers include OneStop, Boyes and Superdrug
  • Situated opposite the entrance to the Hepworth's Arcade and Trinity Market
  • Guide Price £150,000 Guide Rent First Year £10,000 p.a.exc.
The ground floor premises comprise a large open plan floor area with a small basement and raised WC's at the rear. The property benefits from characterful features including a high internal ceiling height and a recessed double door entrance.

Location

The subject property is located in the heart of Hull's historic 'old town' a vibrant office, retail and leisure quarter with a number of national, regional and local operators in close proximity.

The property is situated opposite the Silver Street entrance to the regenerated Hepworth's Arcade and Trinity Market.

Tenure

The premises are offered For Sale by way of a long lease (999-year term commencing 12 March 2021 with a non-reviewable peppercorn ground rent) at a guide price of £150,000. The property is offered To Let subject to a 3-year term with a phased rent starting at £10,000 pax year 1, £12,500 pax year 2 and £15,000 pax year 3.

More information

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  1. Zoopla
  2. Commercial for sale
  3. East Riding of Yorkshire
  4. Hull
  5. Silver Street

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