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404 Hessle Rd

1,629 SF Retail Building Hull HU3 3SD £155,000 (£95/SF) 9.70% Net Initial Yield

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Investment Highlights

Mixed-use investment opportunity situated along Hessle Road
Of interest to private investors seeking to add to or start a portfolio

Ground floor retail unit finished to a high standard recently let at headline rent of £9,600 per annum
Detached garage at the rear, potential to sell seperately

Executive Summary

The freehold interest subject to the existing tenancy is available at a guide price of £155,000. A purchase at this level will provide a net initial yield of 9.7% assuming acquisition costs of 3.8% based on the headline rental income figure as detailed above. Viewings to be made strictly through us as sole selling agent.

Brochure