To be sold via online auction, unless sold prior. Available at: auctions.savills.co.uk
The property comprises a vacant, lower ground floor, office space of 2,522 sq ft (235 sq m). Set within a Grade II listed building, the property currently provides a mix of open plan and private office space, with several storage areas. The property could be suited to alternative uses, such as residential, subject to obtaining the necessary consents. The property may also be suitable for conversion to a business centre, creating a secure, multi-let investment (ERV £30,000 per annum). Situated on George Street, the property occupies a prominent location in the heart of Hull City Centre, with the principal retail amenities and the rail station within 5 minutes walking distance. Hull has benefitted from increased investment following its designation as the UK Capital of Culture in 2017. In particular the city has enjoyed large amounts of investment in the green energy sector, including offshore wind, solar and battery storage, this has in turn led to an increase in housing values and office take-up.