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Humber St - One Blackfriargate 45,741 sq ft Specialist Building Offered at £9,200,000 at a 7.90% Net Initial Yield in Hull HU1 1TU



Investment Highlights
- Commanding position overlooking Hull city centre
- The area has undergone significant regeneration and now comprises a successful mixeduse quarter with residential, leisure, retail and commercial use
- Immediate proximity to The Fruit Market and the awarding winning The Deep
Executive Summary
Offers are sought in excess of £9,200,000 (Nine Million Two Hundred Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect a Net Initial Yield of 7.90% and a capital value £200 psf.
Property Facts
| Price | £9,200,000 | Property Subtype | Car park |
| Price per sq ft | £201.13 | Costar Property Class | C |
| Sale Type | Investment | Total Plot Size | 1.00 ac |
| Yield | 7.90% | Property Size | 45,741 sq ft |
| Sale Condition | Sale Leaseback | No. Floors | 5 |
| Tenure | Freehold | Year Built | 2021 |
| Property Type | Specialist |
| Price | £9,200,000 |
| Price per sq ft | £201.13 |
| Sale Type | Investment |
| Yield | 7.90% |
| Sale Condition | Sale Leaseback |
| Tenure | Freehold |
| Property Type | Specialist |
| Property Subtype | Car park |
| Costar Property Class | C |
| Total Plot Size | 1.00 ac |
| Property Size | 45,741 sq ft |
| No. Floors | 5 |
| Year Built | 2021 |
Amenities
- Bus Route
- Commuter Rail
- Signage
- Smoke Detector
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Humber St - One Blackfriargate
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