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4-6 St Augustines Gate 1,625 sq ft 100% Let Retail Property Hull HU12 0EX £250,000 (£153.85/sq ft) 8.54% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Well located retail investment
- Return of circa 8.54% after purchasers costs
- Two retail units producing £24,000 per annum
EXECUTIVE SUMMARY
Retail investment located in the East Yorkshire Market Town of Hedon. Comprising two retail units occupied as a cafe and a convenience store producing £24,000 per annum. No 4 being ground and first floor total floor area 105.35 sq m (1,134 sq ft). No 6 being a ground floor unit of 45.24 sq m (487 sq ft). Offers considered in the region of £250,000 which reflects a return of circa 8.54% after purchasers costs.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
1,625 sq ft
Costar Property Class
B
Year Built
1990
Price
£250,000
Price per sq ft
£153.85
Yield
8.54%
NOI
£21,350
Occupancy Rate
100%
Number of Floors
2
AMENITIES
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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4-6 St Augustines Gate
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