Commercial Property in HU7 available for sale
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Commercial Property for Sale near HU7, Hull

Find commerical property for sale in HU7 that meets your business or investment goals

Commercial Properties for Sale Within 5 miles of the HU7, Hull

More details for Annie Reed Rd, Beverley - Office for Sale

Annie Reed Rd - Annie Reed Rd

Beverley, HU17 0LF

  • Office for Sale
  • £595,000
  • 6,399 sq ft
  • 1 Unit Available
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More details for 48-50 Newland Av, Hull - Retail for Sale

48-50 Newland Av

Hull, HU5 3AE

  • Retail for Sale
  • £395,000
  • 3,553 sq ft
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More details for 31 Cottingham Rd, Hull - Retail for Sale

31 Cottingham Rd

Hull, HU5 2PP

  • Retail for Sale
  • £595,000
  • 3,498 sq ft
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More details for Charles St, Hull - Retail for Sale

Villandro House - Charles St

Hull, HU2 8DF

  • Retail for Sale
  • £700,000
  • 1,612 sq ft
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More details for 10 Samman Rd, Beverley - Retail for Sale

10 Samman Rd

Beverley, HU17 0BS

  • Retail for Sale
  • £155,000
  • 1,145 sq ft

Beverley Retail for Sale

Investment Consideration: Gross Initial Yield: 7.56% Rental Income: £11,725 p.a. VAT is NOT applicable to this property Comprises ground floor retail shop t/a William Hill Let until January 2038. Rent review and tenant break option in 2033. Occupiers close by include Lloyds Pharmacy, One Stop and a number of local retailers serving a predominantly residential area. Property Description: Comprises end-of-terrace ground floor shop with double frontage currently t/a William Hill betting shop, providing the following accommodation and dimensions: Ground Floor: 106.40 sq m (1,145 sq ft) Open plan retail, kitchen, office, wc Tenancy: The property is at present let to William Hill Organization Ltd for a term of 15 years from 10th January 2023 at a current rent of £11,725* p.a. and the lease contains full repairing and insuring covenants. Rent review in January 2033 open market upward only. Tenant option to determine in January 2033 with min 6 months notice. * Tenant currently pays rent of £10,000 p.a. CPI linked rent review 10.01.28 (annualised). Approximate rental increase to £11,725 p.a. Vendor will top up rent so the buyer receives the equivalent to £11,725 p.a. from sale completion. Tenure: Long leasehold. Held on a lease for a term of years from 29th February 1995 expiring 17th January 2113 at a current ground rent of £10 per annum. Location: Beverley is an attractive market town which is famous for its 15th Century Minster and Racecourse and is located 8 miles north of Hull. There are good road communications being located at the junction of the A164 and A1035 some 11 miles to the north-east of the M62 (Junction 38). The property is situated on the north of Samman Road between its junctions with Coltman Avenue and Wilberforce Crescent. Occupiers close by include Lloyds Pharmacy, One Stop and a number of local retailers serving a predominantly residential area.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

20/02/2025

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More details for 246A Perth St W, Hull - Retail for Sale

246A Perth St W

Hull, HU5 3UA

  • Retail for Sale
  • £450,000
  • 3,463 sq ft
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FAQs About Commercial Property For Sale in HU7

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How many commercial properties are currently available for sale in HU7?
There are currently 1 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in HU7?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the HU7, Hull

You searched for commercial property for sale in HU7. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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