Property photos
Offers in region of
£600,000
(£133.48/sq. ft)
Property for sale
Freetown Court, Freetown Way/Russell Street, Hull, East Yorkshire HU24,495 sq. ft
Local area information
Property location
Nearby amenities
- St Charles Voluntary Catholic Academy 0.1 miles
- Hull Trinity House Academy 0.3 miles
- Hull 0.3 miles
- Hull Ferry Terminal 2.9 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
- Highly visible attractive investment opportunity within close proximity to Hull City Centre.
- Benefiting from 30 car parking spaces.
- Current income £42,000 per annum with a potential income, once fully let of £53,500 per annum.
- Provides a net initial yield of 6.68% after purchase costs of 4.75%, which reflects a reversionary yield, once fully let of 8.51% after purchase costs of 4.75%.
The property comprises of a traditional brick 2 storey office under a pitched tiled concrete roof which benefits from 30 car parking spaces which equates to 1 space per 150 SqFt. Internally the building has been configured to provide 4 self-contained unit which benefit from Class E use with Suite 2 & 4 operating as a dental practice by Den-Call Limited, with Suite 1 on the ground floor consisting of an open plan office and Suite 3 on the second floor let on informal terms to Esteem which consists of predominantly open plan office with a separate managers office, board room and kitchen facilities.
The property has communal WC facilities on ground and first floor with the upper floors benefiting from a lift to serve the upper floor.
The property has communal WC facilities on ground and first floor with the upper floors benefiting from a lift to serve the upper floor.
More information
Listed by
Garness Jones
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Garness Jones. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Garness Jones for full details and further information.