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611-611a Holderness Road, Hull, HU8 9AL
For Sale Offers in the region of £350,000
- Size: 3,513 sq.ft. / 3,513 sq.ft.
- Property Ref: 10255
- Type: Commercial Investment
The premises comprises of a End-terraced mixed commercial and residential investment opportunity. The ground floor of 611a is currently being used a funeral directors. With a reception area, 3 other separate spaces, kitchen and staff wc facilities. 611 comprises of a ground floor retail shop, which is to operate as a barbers with an open plan shop floor with a store, kitchen and staff wc facilities. Above the shop there is a spacious 3 bed flat with separate kitchen , lounge and shower room with separate wc. Both ground floor lock up shops benefit from electric roller shutters to the large display windows and suspended ceilings with LED lighting.
Property features
- Mixed use retail and residential investment.
- Comprising of two retail units on the ground floor with a combined income of £24,000.
- Spacious 3 Bed Flat producing £ 500 pcm ( £6,000 per Annum)
- Situated on established parade of retail shops.
- The property is producing £30,000 per annum which reflects a NIY of 8.28% after PC of 3.5%
