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Maritime House Kingston St 7,305 sq ft Office Property Hull HU1 2DB For Sale


INVESTMENT HIGHLIGHTS
- Freehold with vacant possession
- Benefits from planning to redevelop
- Continued office use potential
EXECUTIVE SUMMARY
The freehold property comprises a prominent 2-storey detached office building of c. 800 SM / 8,611 SF, split equally across ground and first floors, on a total site area of c. 0.4 acres. The property is of a condition and has been maintained to allow for continued office use. Immediately adjacent and completed in 2020 is Maritime Court, an exclusive development of four contemporary 3-storey townhouses. The general tone of this high-end development coupled with other nearby investment has established a strong value base. The wider area that extends to include the old town, Humber Street and the Fruit Trades Cultural Quarter has been the main focus of investment within the city of Hull in recent years.
On 1st September 2023 detailed planning was approved by Hull City Council for the ‘Conversion of and extensions to the existing building to form 20
apartments and a ground floor management office’ (Ref: 22/00333/FULL). 15 car parking spaces are also permitted under the approval. Change of use of the management.office to an apartment is likely to be permitted.
On 1st September 2023 detailed planning was approved by Hull City Council for the ‘Conversion of and extensions to the existing building to form 20
apartments and a ground floor management office’ (Ref: 22/00333/FULL). 15 car parking spaces are also permitted under the approval. Change of use of the management.office to an apartment is likely to be permitted.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
7,305 sq ft
Costar Property Class
C
Year Built
1990
Tenancy
Single
Number of Floors
2
Typical Floor Size
3,653 sq ft
Parking
25 Spaces (3.42 Spaces per 1,000 sq ft Leased)
AMENITIES
- Security System
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Maritime House | Kingston St
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