* Situated on an established parade of retail shops within a popular West Hull location.
* Attractive investment opportunity, suitable for private pensions and investors.
* Passing rent of £15, 000 per annum with an agreed rent review on 26th July 2024 to £18, 500 per annum.
* Provides a reversionary yield of 7. 7% after purchase costs of 2. 22%.
* Estimated Rates Payable: £4657. 33
The property consists of a commercial retail investment, with the tenant
operating as Tea - n - Bisque - It a s a café with pottery and painting, which has
been operational for over 10 years and benefits from Class E Use.
The demise accommodation has been fitted to a good specification with
suspended ceiling, LED lighting, comfort cooling heating system, with an open
plan sales area, separate partitioned area of private functions with rear
store. There are customer WC facilities within the ground floor with the first
floor consisting of bathroom facilities, 2 separate stores and kitchen. The
property also benefits from outside south facing seating area.

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