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UNDER OFFER
14 James Reckitt Avenue, Hull, East Riding Of Yorkshire, HU8 7TP
For Sale Offers in the region of £150,000
- Size: 957 sq.ft. / 957 sq.ft.
- Property Ref: 7782
- Type: Commercial Investment
The premises comprise of a ground floor retail shop which is currently trading as a hair salon with Class E use consent. The retail shop has electric roller shutter, internally fitted with suspended ceiling, carpet and includes w/c facilities at the rear. The first floor comprises of a self contained one bedroom flat, with modern interior, gas boiler, and PVC double glazing, which is accessed via the rear of the property. It is understood that the commercial and residential units have separate services. The premises also contains a 3.35m x 5.19m garage at the rear of the property.
Property features
- Mixed use investment consisting of a Ground floor lock up shop, First Floor 1 Bedroom flat, and single garage to the rear.
- Currently producing an income of £14,100 per annum
- Which reflects a Net initial yield of 9.4% after purchasers costs of 1.5%
- The commercial unit benefits from Class E use consent.
