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Retail Investments, Residential Investments for Sale

Chanterlands Avenue, The Avenues, Hull, HU5

Let/Sold
£175,000.00 £200.46 /sf
873 sf
Retail Investments, Residential Investments for Sale

Chanterlands Avenue, The Avenues, Hull, HU5

Let/Sold
£175,000.00 £200.46 /sf
873 sf
The property is a mixed use investment comprising of a ground floor lock up shop and first floor one bedroom flat. The ground floor shop is currently trading as a gift shop & florist, with shop floor, rear store / staff area and W/C facilities. Additionally there is an outside yard / garden space that is accessed via either the rear of the shop and through a side gate alleyway. The first floor flat consists of a bathroom, kitchen, bedroom and living area, with PVC double glazing and gas central heating.

Location

The property is situated approximately 1.5 miles to the north west of Hull City Centre with the surrounding area being predominantly residential and retail. Chanterlands Avenue forms part of an established secondary retail location and comprises of a mixture of national and local retailers as well as various restaurants and take-aways including Sainsbury's Local, Heron Foods and Boots The Chemist.

Amenities

Currently producing an income of £14,220 per annum.
Which reflects a Net initial yield of 8.13% after purchasers costs of 1.79%.
Garden / yard space at the rear of the property.

Related links

Investment property for SaleInvestment property for Sale in HullInvestment property for Sale in The Avenues
This property has been let/ Sold

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Investment property for SaleHullThe AvenuesChanterlands Avenue, The Avenues, Hull, HU5Let/Sold