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36 Prospect St 194,840 sq ft Retail Property Hull HU2 8PW £1,500,000 (£7.70/sq ft)

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INVESTMENT HIGHLIGHTS

  • Busy location with footfall enhanced by the adjacent Prospect Shopping Centre
  • Hull Paragon Interchange is 200m from the property and provides regular rail services to Leeds
  • Highly prominent City Centre site with prominent frontages on the corner of Prospect Street and Brook Street

EXECUTIVE SUMMARY

The building is arranged over ground and four upper floors and is of framed construction with a flat roof, though part of the property only has two upper floors. There is a
small parking area fronting North Street with parking available for 15 cars. The property has frontages onto four streets, therefore benefitting from excellent visibility.
Previously, the ground to second floors were used for retailing purposes, with storage and ancillary on the third and fourth floors.
The property is offered with Full Vacant Possession. The vendor is currently considering a short term letting proposal from a film company and has also had an approach from a car park operator to rent the 15 on site parking spaces.

ATTACHMENTS

HULL, Debenhams

PROPERTY FACTS Sale Pending

Sale Type
Owner Occupier
Sale Conditions
High Vacancy Property
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Department Store
Property Size
194,840 sq ft
Costar Property Class
B
Year Built
1950
Price
£1,500,000
Price per sq ft
£7.70
Tenancy
Single
Number of Floors
5
Plot ratio
3.15
Total Plot Size
1.42 ac
Parking
15 Spaces (0.08 Spaces per 1,000 sq ft Leased)
Frontage
165 ft on Prospect Street

AMENITIES

  • Bus Route
  • Corner Lot
  • Restaurant
  • Storage Space
  • Air Conditioning

NEARBY MAJOR RETAILERS

ASDA
Heron Foods
Morrisons
Starbucks
Caffè Nero
Costa Coffee
Tsb Bank Plc
HSBC
Lloyds Bank
eurochange
  • Listing ID: 27160667

  • Date on Market: 21/11/2022

  • Last Updated:

  • Address: 36 Prospect St, Hull HU2 8PW

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