A modern detached three-storey mixed-use Commercial & Residential property

The property comprises a modern detached three-storey mixed-use commercial property on the ground and first floor that benefits from its own private separate access. The ground floor is currently vacant and was formally utilised as a convenience store. Hence, it benefits from class E use that can be utilised for retail, office, financial services, cafe & restaurant, with the forecourt providing a seating area. The first floor is accessed via its own private entrance and is suitable for conversion into residential use (subject to planning). The second floor consists of two x 1 bedroom flats, and is accessed via the rear private car park. The ground floor has previously been let for £19,000pa. Flats 1 & Flat 2 are let with the tenants currently paying £395 per calendar month. each, providing a total income of £9,480 per annum and the potential to increase to £28,480 when fully let or more with the conversion of the first floor.

Tenure

Freehold

Location

The premises are situated in a highly visible position fronting Beverley Road which forms the main arterial road leading to Hull City Centre from the north which is located approximately 2 miles away. The surrounding area consists of a mixture of student accommodation, private renting, residential, bars, restaurants and retail and is located direct opposite a petrol filling station.

Accommodation

The following floors have been measured in accordance with the prevailing RICS Code of Measuring Practice. Ground Floor: 2,476 Sq Ft ( 230.02 sq.m.) First Floor: 2,476 Sq Ft ( 230.02 sq.m.) Second Floor - Flat 1: 698 sq ft ( 64.84 sq.m.) Second Floor - Flat 2: 575 sq ft (53.42 sq.m.) Outside: To the rear of the building, approached via a 10ft access is a large tarmac car park.

Service Charge

There is no service charge implemented on this property.

Business Rates & Council Tax

The Property has a rateable value of £10,500 The flats are both listed as being in Council Tax Band A

Services

We believe that mains gas, electric, water and drainage are connected to the property. Interested parties are advised to make their own independent enquiries.

Joint Agents

Garness Jones 01482 564564.

Viewings

Strictly by appointment with the Auctioneers on 0845 400 9900 or Garness Jones on 01482 564564.

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Hull City Council

Solicitors

Andrew Jackson, Marina Court, Castle Street, Hull, HU1 1TJ, Tel: 01482 325 242

Additional Fees

Buyer's Premium - The purchaser will be required to pay a buyer's premium of £600 (£500 plus VAT) in addition to the purchase price of the property.

Administration Charge - The purchaser will be required to pay an administration charge of 0.3% inc. VAT (0.25% + VAT) subject to a minimum of £900 (£750 plus VAT).

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.