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554 Hessle Rd 14,912 sq ft Retail Property Hull HU3 5BL For Sale
INVESTMENT HIGHLIGHTS
- Let on an FRI lease to Fit 24 (West) Ltd on a lease expiring 2029 without break
- Alternative uses are possible subject to planning
- Modern well-proportioned unit providing 14,445 sq ft
EXECUTIVE SUMMARY
Let to Fit 24 (West) Ltd under the terms of a 10 year FRI lease with effect from 15th July 2019 at an initial rental of £80,000 pax. There is a
single fixed increase with the rent rising to £88,000 on 15th July 2024. There is also a photographic schedule of condition, a copy of which
can be provided to interested parties.
single fixed increase with the rent rising to £88,000 on 15th July 2024. There is also a photographic schedule of condition, a copy of which
can be provided to interested parties.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Health Club
Property Size
14,912 sq ft
Costar Property Class
B
Year Built
2008
NOI
£80,000
Tenancy
Single
Number of Floors
1
Parking
48 Spaces (3.22 Spaces per 1,000 sq ft Leased)
1 1
NEARBY MAJOR RETAILERS
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554 Hessle Rd
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