For Sale Investment 

Grammar School Yard, Hull Asking price £45,000

Property Features

Location:
Grammar School Yard, Castle Street, Hull, HU1 1SE

Contact Agent

Lets Sell
24 Hull Road
Hessle
East Riding of Yorkshire
HU13 0AH
info@letssell.co.uk

About the Property

  • Available due to relocation
  • Extremely prominent retail/office unit fronting Castle Street
  • Huge volumes of passing traffic
  • Easily managed accommodation
  • Balance of long lease (90 years remaining) for sale

Property Photos

Property Details

18 Grammar School Yard

The property is situated in a very prominent position at the corner of Castle Street and Fish Street. Castle Street forms part of Hull's City Centre ring road, carrying substantial volumes of traffic from the A63/M62 through to Hull Docks.

Open Plan Office

4.95 x 4.15 (16'3" x 13'7")
Open plan office area with two prominent frontages with large display windows. Staff facilities / WC are at the rear.

Car parking

The unit benefits from shared use of the private commercial car parking area accessed via security passes issued by the management company. The business premises in the development have a general right to park on a first come basis and are issued with 2 passes. Additional passes can be purchased at £600 per annum.

Tenure

The property is held on a lease of 125 years (less 6 days) from 1.1.1988 (Expiring on 25 December 2112), at a peppercorn rental. The leaseholder is responsible for internal repairs and decorations.

Service Charge

A service charge is levied for the shared costs of external repairs and insurance. The service charge costs over recent years have been budgeted as follows: 2018 £480, 2019 £508, 2020 £550, 2021 £715, 2022 £630.

Business Rates

Internet enquiries reveal the property has a rateable value of £2,250 (rates payable for year 2022/23 are £1122.75). Interested parties are advised to confirm the accuracy of the above figure by contacting the Local Authority directly and to ascertain whether transitional relief is still available, if the rateable value is under appeal, or whether interim discount is available.

Energy Performance Certificates

Location Map

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Enquire / Book Viewing

Contacting Lets Sell
24 Hull Road
Hessle
East Riding of Yorkshire
HU13 0AH
info@letssell.co.uk
  • arrange a viewing
  • arrange a valuation
  • be sent further property details
  • register for property updates

Contact Details: