£120,000 pa
(£23.40/sq. ft. pa)
Property to let8 Newbegin, Hornsea, East Riding Of Yorkshire HU18
5,129 sq. ft
About this property
Ground floor retail units benefits from class E Suitable for retail, leisure, café and restaurant, office, medical and financial services
Upper floors consist of 7 flats, currently producing £32,280 with potential to achieve £53,280 pa once fully let
Ground floor retail units available on new lease, separate or to be taken as a whole
The property comprises of 2 ground floor retail units. Both benefit from large display windows to the front, store / office space to the rear and customer toilets. We believe that the properties has use class E use, which enables them to be utilised as retail, offices, beauty, financial services café and restaurant. There is also a large cellar to which could be utilised by either of the shops. To the upper floors there are 7 self contained flats / studios which are currently all tenanted achieving between £350 to £500 pcm.( £32,280 pa) There is a large garden to the rear which can be accessed by all the residential tenants to be utilised as a communal space. The rooms have recently been renovated and could look at potential rent increases. The property has also recently been re roofed.
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