37-39 George St 2,566 SF Retail Building Hull HU1 3BA £235,000 (£91.58/SF)
INVESTMENT HIGHLIGHTS
- Close to the main transport interchange
- Recently Refurbished
- Large double fronted retail/office investment in central position
EXECUTIVE SUMMARY
The premises are held freehold subject to a lease to commence in September 2022 for a term of 5 years to Quattro Recruitment Ltd with Gap Personnel Holdings Ltd acting as guarantor. The rent passing is £18,000 pa and the lease not subject to a break option and is essentially drawn on a full repairing and insuring basis. Quattro recruitment Ltd was incorporated in 2010 and have a credit score of 72/100 (Low risk). 2020 accounts show a turnover of £42,422,000 and a pre tax profit of £1,379,000. Gap personell Holdings Ltd act as guarantor on the lease and for 2020 had a turnover of £183,493,000 and a pre tax profit of £1,625,000.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,566 SF
Building Class
B
Year Built
1996
Price
£235,000
Price Per SF
£91.58
Tenancy
Single
Number of Floors
2
Parking
4 Spaces (1.56 Spaces per 1,000 SF Leased)
Frontage
33 ft on Geroge Street
AMENITIES
- Storage Space
1 of 1
NEARBY MAJOR RETAILERS
