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Industrial Investments for Sale
English Street, Hull, HU3
Under offer 24,795 sf
Industrial Investments for Sale
English Street, Hull, HU3
Under offer
Offices and staff amenity facilities had been constructed at the front of the premises over two floors. Externally, the premises has the benefit of a large concrete yard / car park secured by perimeter fencing and double access gates. There is further yard at the rear which has separate access from Alfred Street.
The property is subject to an FRI lease for a term of 10 years commencing the 9th October 2020 at a current rent of £86,960 per annum subject to review at the end of the 5th year of the term on an upward only basis to market rent.
Location
The premises are located in Hull, East Yorkshire which has an estimated population of 350,000 and supports an estimated 850,000 people within a 45 minute drive. The City is a major port and the subject premises has road connections sitting close to the A63 Clive Sullivan Way which links directly to the M62 and wider motorway network, and the Humber Bridge providing access to the south bank of the Humber estuary. The premises are located on English Street Hull, which is close to Hull City Centre within an industrial and commercial area.Amenities
10 year FRI leaseLease to Oct 2030
Income £86,960 pa
Rent review in 2025.
Low current rent £3.50 /sf
Related links
Investment property for SaleInvestment property for Sale in HullGarness Jones
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