Property photos
£100,000
Property for sale
32 King Edward Street, Hull HU1Local area information
Property location
Nearby amenities
- Hull Trinity House Academy 0.2 miles
- Hull 0.3 miles
- St Charles Voluntary Catholic Academy 0.4 miles
- Hull Ferry Terminal 2.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Hull to find out more about the local area.
Features and description
- Long leasehold retail investment for sale
- City centre shop near Costa, Three, McDonald's and Specsavers
- Ground floor sales c.49.3 sq m, potential basement sales c.55 sq m and three upper floors totalling c.150 sq m.
- Held on an occupational lease by Gadgets4 UK Retail Limited t/a Fone World at £15,600 per annum exclusive
- Long leasehold title subject to fixed ground rent of £1,875 per annum
- Profit rent £13,725 per annum exclusive
The property is situated close to the former bhs property which with adjacent buildings and land to Albion Strreet / Bond Street is the site of a mixed use redevelopment scheme.
Location
King Edward Street is a prime pedestrianised shopping pitch linking Princes Quay and Whitefriargate via Jameson Street to St Stephens and the adjacent transport interchange. Retailers represented nearby include Costa, Specsavers, Tesco Express, Three, Lush and McDonald's.
Tenure
The long leasehold interest in the property is offered For Sale. This represents the balance of a 99 year term held from Hull City Council expiring in June 2054 at a fixed rent of £1,875 per annum.
Occupational lease
The property is held by Gadets4 UK Retail Limited t/a Fone World on a 10 year commercial full repairing and insuring lease from March 2017 at a rebased rent of £15,600 per annum exclusive.
Disposal terms
The long leasehold interest is offered For Sale subject
Location
King Edward Street is a prime pedestrianised shopping pitch linking Princes Quay and Whitefriargate via Jameson Street to St Stephens and the adjacent transport interchange. Retailers represented nearby include Costa, Specsavers, Tesco Express, Three, Lush and McDonald's.
Tenure
The long leasehold interest in the property is offered For Sale. This represents the balance of a 99 year term held from Hull City Council expiring in June 2054 at a fixed rent of £1,875 per annum.
Occupational lease
The property is held by Gadets4 UK Retail Limited t/a Fone World on a 10 year commercial full repairing and insuring lease from March 2017 at a rebased rent of £15,600 per annum exclusive.
Disposal terms
The long leasehold interest is offered For Sale subject
More information
Listed by
Scotts Property LLP
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