Modern Mixed Use Building for Auction Hull HU5

Guide Price: £275,000
Auction Date: 25/09/2024

Guide Price £275,000 - £300,000. The property comprises a modern detached three-storey mixed-use commercial property on the ground and first floor that benefits from its own private separate access. The ground floor is currently vacant and was formally utilised as a convenience store. The second floor consists of two x 1 bedroom flats, and is accessed via the rear private car park. The ground floor has previously been let for £19,000pa. Flats 1 & Flat 2 are let with the tenants currently paying £395 per calendar month. each, providing a total income of £9,480 per annum and the potential to increase to £28,480 when fully let or more with the conversion of the first floor.

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