27 Princes Avenue, Hull | Property for sale | Savills
Guide price £140,000(€167,884)

27 Princes AvenueHull

  • New
  • Sole agency
  • Freehold
Investment
Yield 12%Yield

Key features

  • Freehold Mixed Use Investment on busy retailing street
  • Retail Unit Let at £9,500 per annum
  • VAT-Free Investment
  • Ground Floor Retail Unit with Residential Upper Parts
  • Two bedroom Flat Let at £7,140 pa
  • Investment Let at £16,640 p.a. (11.89% GIY on Guide Price)

Freehold Mixed Use Investment Comprising Ground Floor Retail Unit with Two Bedroom Flat to the Upper Parts

About this property

  • The property comprises a high yielding mixed use investment opportunity located in an established and popular location. Arranged as a ground floor shop with a two bedroom flat on first, second and third floors with a rear balcony; the property is fully let to two separate tenants producing a total combined annual rent of £16,640 per annum. The property is located approximately one mile north-west of Hull City Centre in a prominent position on the west side of Princes Avenue. Nearby occupiers include Tesco Express, DHL and a number of independent shops, cafe's and restaurants.