Retail in DN39 available for sale
8

Retail Properties for Sale near DN39, Ulcebay

Retail Properties for Sale Within 10 miles of the DN39, Ulcebay

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 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 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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More details for MKM BUILDING SUPPLIES – Industrial for Sale, Hull

MKM BUILDING SUPPLIES

  • Industrial for Sale
  • £5,900,000
  • 16,699 sq ft
  • 2 Industrial Properties
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More details for 12 James Reckitt Ave, Hull - Retail for Sale

12 James Reckitt Ave

Hull, HU8 7TP

  • Retail for Sale
  • £210,000
  • 700 sq ft
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More details for 48 Holderness Rd, Hull - Retail for Sale

48 Holderness Rd

Hull, HU9 1ED

  • Retail for Sale
  • £170,000
  • 738 sq ft
  • Commuter Rail
  • Smoke Detector

Hull Retail for Sale - Kingston upon Hull

Investment Consideration: Gross Initial Yield: 13.18% Rental Income: £22,400 p.a. VAT is NOT applicable to this property Comprises ground floor retail shop with rear yard and 2 self-contained flats above (2-Bed and Studio) Flats completely refurbished in 2023. Shop completely refurbished in 2024. Roof repair in 2024. Flats and communal area are fully let on a commercial 'rent to rent' lease (landlord not subject to residential letting regulations) giving the tenant the internal repairing obligations. Occupiers nearby including café/restaurants, Gym, Pharmacy and more. Property Description: The property comprises retail shop with rear yard at ground floor, 2-bedroom flat at first floor and studio flat at second floor. Flats are self-contained and recently refurbished with new kitchens and bathrooms. The property provides the following accommodation and dimensions: Ground Floor: Shop 68.60 sq m (738 sq ft) Open plan retail, Storage First Floor: Flat 69.60 sq m (748 sq ft) 2 bedrooms, Kitchen/Living Room, Bathroom/WC Second Floor: Studio 46.70 sq m (503 sq ft) Open plan kitchen/living room, 1 Room, Bathroom/WC Total net internal area: 184.90 sq m (1,989 sq ft) Tenancy: The retail shop is at present let to an Individual for a term of 3 Years from 9th February 2024 at a current rent of £8,400 p.a. and the lease contains internal repairing and insuring covenants. Deposit held of £1,200. Tenant uses space as workshop/office for existing successful online retail business. The two flats and communal area are fully let on a commercial 'rent to rent' lease (landlord not subject to residential letting regulations) giving the tenant the internal repairing obligations. Presently let to a local estate agent company (with two personal guarantors) for a term of 4 Years from 17th April 2023 at a current rent of £14,000 p.a. Deposit held of £1,000. Location: Hull, is a port city and unitary authority in the East Riding of Yorkshire, North-eastern England. The main road into and out of Hull is the M62 motorway/A63 road, one of the main east–west routes in Northern England. It provides a link to the cities of Leeds, Manchester and Liverpool, as well as the rest of the country via the UK motorway network. The motorway itself ends some distance from the city; the rest of the route is along the A63 dual carriageway. This east–west route forms a small part of the European road route E20. The property is located on buy Holderness Road with occupiers nearby including café/restaurants, Gym, Pharmacy and more.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

19/02/2024

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FAQs About Retail Property For Sale in DN39

See All Retail Spaces For Sale
How many retail properties are currently available for sale in DN39?
There are currently 0 retail properties available for sale. Sizes range from to , with an average size of. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in DN39?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from to , with an average size of. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the DN39, Ulcebay

With 0 retail units currently available for sale in DN39, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in DN39, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in DN39, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in DN39 can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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