Leisure/hospitality for sale

Marfleet Lane, Kingston Upon Hull HU9

The residential tenant has been served with a section 8 & 21. Notice has been served due to non-compliance with regard to accessing the property - they have no issues with rental payments.

The vendor is open to selling the property for £85,000 with the apartment's tenant in situ or £90,000 or order to continue with the eviction.

Property sizes:
Commercial - 63sqm
Residential - 53 sqm

Condition Report
The property as a whole appears to be in good condition with no major visible defects. The takeaway is in a reasonable condition. At the time of taking pictures, the property was also in a reasonable condition. The rear yard is currently untidy but should be clear on vacation of the tenant.

Rental Information
Commercial
Current rent: £400 pcm
Market rent: £400 pcm
Tenancy agreement: Business property lease (5-year lease starting on July 2021)

Residential
Current rent: £480 pcm
Market rent: £480 pcm
Tenancy agreement: Assured shorthold tenancy (starting in January 2017)

Compliance
Electrical Test Date eicr 27-04-2021
Gas Certificate Test Date 08-08-2024
EPC Grade E (51) potential C (72)