£350,000

Property for sale

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£350,000

Property for sale

Albion Street, Hull, East Riding Of Yorkshire HU1

Local area information

Property location

Nearby amenities

  • Hull Trinity House Academy 0.2 miles
  • St Charles Voluntary Catholic Academy 0.3 miles
  • Hull 0.3 miles
  • Hull Ferry Terminal 2.8 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

  • Substantial 3 storey premises plus basement & attic together with a rear projection and detached Coach House to Baker Street
  • The ground, first and second floors each provide 72.7 sq m (780 sq ft) G.I.A. Plus attic
  • The basement bar totals c.773 sq m (832 sq ft)
  • A two-storey rear flat projecting from the main building plus the Coach House provide c.153 sq m (1,647 sq ft)
  • Total accommodation c.500 sq m (5,377 sq ft) with rear parking for c.5/6 cars
  • Current income from the basement, rear flat and Coach House of £15,360 p.a. Gross
  • The vacant ground floor to attic is a former dental surgery with 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.)

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  1. Zoopla
  2. Commercial for sale
  3. East Riding of Yorkshire
  4. Hull
  5. Albion Street