Retail Investments, Residential Investments for Sale
Chanterlands Avenue, The Avenues, Hull, HU5
£180,000.00 £153 /sf
1,179 sf
Retail Investments, Residential Investments for Sale
Chanterlands Avenue, The Avenues, Hull, HU5
£180,000.00 £153 /sf
1,179 sf
The property is a mixed use investment comprising of a ground floor retail unit and a first floor 2 bed flat. The ground floor commercial unit is currently trading as a salon, with a suspended ceiling shop floor, treatment room, rear ancillary / staff area and W/C facilities, as well as CCTV. The first floor is a 2-bed flat with modern interior, gas central heating, PVC windows, and a full panel integrated fire alarm system.
Location
The property is situated on Chanterlands Avenue which is a well known secondary retail location within a popular residential district known as The Avenues. Chanterlands Avenue is approximately 1.5 miles north west of Hull City Centre. It is also a busy vehicle route and incorporates on-street parking other traders on Chanterlands Avenue include Sainsburys, Dove House Hospice and Heron Foods.
Amenities
Currently producing an income of £16,640 per annum. Net initial yield of 9.08% after purchasers costs of 1.83%. Recently decorated modern interior of both commercial and residential units.
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