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City Exchange Alfred Gelder St 25,200 sq ft 100% Let Retail Property Hull HU1 1AA £475,000 (£18.85/sq ft) 15.58% Net Initial Yield
INVESTMENT HIGHLIGHTS
- On-site parking for 14 cars
- City Centre mixed use Investment
- Comprises a ground floor shop and a bar
EXECUTIVE SUMMARY
Lot 36 was available for sale at an Allsop online auction that was held on Wednesday 11th of June 2025.
The property comprises an investment opportunity for sale.
The asking price is £475,000, representing a gross initial yield of15.58%.
The property comprises an investment opportunity for sale.
The asking price is £475,000, representing a gross initial yield of15.58%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
25,200 sq ft
Costar Property Class
B
Year Built
1907
Price
£475,000
Price per sq ft
£18.85
Yield
15.58%
NOI
£74,005
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Parking
23 Spaces (0.91 Spaces per 1,000 sq ft Leased)
Frontage
560 ft on Alfred Gelder Street
AMENITIES
- Bus Route
- Courtyard
- Accent Lighting
- Storage Space
- Air Conditioning
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NEARBY MAJOR RETAILERS
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City Exchange | Alfred Gelder St
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