AN EXCELLENT INVESTMENT OPPOORTUNITY COMPRISING A GROUND FLOOR LOCK UP SHOP (LET) AND TWO SELF CONTAINED FLATS ABOVE AND TO THE REAR.

***SOLD NOW TAKING ENTRIES FOR OUR NEXT AUCTION 16th DECEMBER CONTACT US FOR FURTHER DETAILS*** A three storey mixed use investment property situated in the vibrant and conveniently located Princes Avenue district of Hull. The property provides three letting units including the currently let ground floor shop that produces a gross rental income of £5,720 pa. To the rear and above the shop are two vacant self contained residential units comprising of a small one bedroom and a three storey maisonette apartment. These two units have previously produced an income of approx £8,100 pa making the total income potential for the building in the region of £13,820 pa. The residential elements to the property benefit from gas fired central heating and PVCu double glazing.

Tenure

Freehold, subject to the existing lease.

Situation

Princes Avenue is a vibrant area located between Spring Bank and Cottingham Road. It offers an excellent range of shops and restaurants while at the same time being convenient for the Hospital, KC Stadium and the City centre.

Accommodation

Ground Floor: Shop Unit, Flat A Lounge/Kitchen, Flat A Shower Room, Flat A Bedroom, Flat B Entrance. First Floor: Landing, Flat B Kitchen, Flat B Bedroom One, Flat B Bedroom Two, Flat B Bathroom. Seconed Floor: Landing, Flat B Lounge, Flat B Bedroom Three.

Viewing

Strictly by appointment with Auction House Hull & East Yorkshire. Hessle office 01482 644515.

Introducer Agent

PPH Commercial The Hesslewood Estate Ferriby Road Hessle HU13 0LG . Tel: 01482 648888

Services

All mains services are connected to the property. NB. Services, apparatus and equipment have not been tested by Auction House Hull & East Yorkshire and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.

Energy Performance Rating

Flat A - EER - E(40) and Flat B - EER - D(59)

Amendment

Flat 2, has now been let for a period of 48 weeks producing an income of £4,966 per annum.

Energy Efficiency Rating (EPC)

Current Rating 4

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

Gosschalks, Queens Gardens, Kingston Upon Hull, HU1 3DZ, Ref: Mr N Johnson, Tel: 01482 324252.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee

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