£350,000
(£350,000.00/sq. ft)
Office for saleAlbion Street, Hull HU1
1 sq. ft
About this property
Substantial 3 storey premises plus basement & attic t
With a rear projection and detached Coach House to Baker Street
Ground, first & second floors each provide 72.7 sq m (780 sq ft) plus attic
The basement bar totals c.773 sq m (832 sq ft)
Total accommodation c.500 sq m (5,377 sq ft) with rear parking for c.5/6 cars
Current income from basement, rear flat and Coach House of £15,360 p.a. Gross
Vacant ground floor to attic is a former dentist - fixtures & fittings remaining
The mid-terrace property is Listed and forms part of a substantial Georgian terrace. It is of traditional brick construction primarily under pitched slate clad roofs with steps to a raised ground floor with internal access to first, second and attic levels. There is a self-contained basement bar and a two-storey rear projection providing a self-contained flat. To the rear of the site is a Coach House fronting Baker Street off which there is a vehicle entrance to a central car parking area.
The two flats and basement generate a rental income. The remainder has been a dental surgery which is vacant but with fixtures and fittings remaining. Such a use could be re-established, or the property could offer alternative commercial options or conversion to residential use subject to necessary consents.
Location
The property is located within Hull city centre on the north side of Albion Street. There is substantial development underway on the Bond Street/Albion Street car park opposite. The property is outlined in red on the plan opposite, for identification purposes only
Tenure
The property is available For Sale freehold at a guide price of £350,000.
We understand the current rent generated from parts let is:
Basement Bar £6,420 p.a.exc.
Projecting Rear Flat £4,740 p.a. (annual equivalent under an AST @£395 p.c.m.)
Coach House £4,200 p.a. (annual equivalent under an AST @£350 p.c.m.)
The two flats and basement generate a rental income. The remainder has been a dental surgery which is vacant but with fixtures and fittings remaining. Such a use could be re-established, or the property could offer alternative commercial options or conversion to residential use subject to necessary consents.
Location
The property is located within Hull city centre on the north side of Albion Street. There is substantial development underway on the Bond Street/Albion Street car park opposite. The property is outlined in red on the plan opposite, for identification purposes only
Tenure
The property is available For Sale freehold at a guide price of £350,000.
We understand the current rent generated from parts let is:
Basement Bar £6,420 p.a.exc.
Projecting Rear Flat £4,740 p.a. (annual equivalent under an AST @£395 p.c.m.)
Coach House £4,200 p.a. (annual equivalent under an AST @£350 p.c.m.)
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