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175-177 Cleveland St

512 SF Retail Building Hull HU8 8AZ £215,000 (£420/SF) 9.49% Net Initial Yield

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Investment Highlights

Mixed use investment opportunity
Close proximity to Reckitt Benckiser, Docks, Sutton Fields Industrial Estate

Highly prominent position fronting Cleveland Street

Executive Summary

The premises consist of a mixed scheme commercial and residential investment with 175 Cleveland Street comprising of a spacious 2 bedroom flat which is accessed off Glass House Row with the 1st and 2nd floor comprising of a spacious 3 bedroom flat with access via Cleveland Street consisting of a large kitchen, bathroom, living facilities on the first floor with double bedroom and 2nd floor comprising of 2 spacious double bedrooms.
175 consists of a ground floor café which is being utilised as a sandwich shop operating as Kings Café with the 1st floor comprising of spacious 1 bedroom flat.

175-177 Cleveland Street

Property Facts

Sale Type

Investment

Property Type

Retail

Tenure

Freehold

Property Subtype

Storefront Retail/Residential

Building Size

512 SF

Building Class

Year Built

1913

Price

£215,000

Price Per SF

£420

Net Initial Yield

9.49%

NOI

£20,404

Tenancy

Single

Number of Floors

Building FAR

0.59

Lot Size

0.02 AC

Frontage

9 ft on Cleveland Street

Amenities

24 Hour Access

Storage Space

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