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Retail premises for sale

£150,000 (£98.81/sq. ft)

Suffolk House, Silver Street, Hull, East Riding Of Yorkshire HU1

Retail premises for sale 1,518 sq. ft*
Interested in this property? Call +44 1482 763780 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Extends to approximately 141 sq m (1,518 sq ft) overall
  • Recent consent for a change of use to Class E (General retail, office, professional services, and restaurant uses permitted)
  • Situated in the heart of Hull's historic 'Old Town'
  • Nearby occupiers include OneStop, Boyes and Superdrug
  • Situated opposite the entrance to the Hepworth's Arcade and Trinity Market
  • Guide Price £150,000 Guide Rent First Year £10,000 p.a.exc.

Property description

The ground floor premises comprise a large open plan floor area with a small basement and raised WC's at the rear. The property benefits from characterful features including a high internal ceiling height and a recessed double door entrance.

Location

The subject property is located in the heart of Hull's historic 'old town' a vibrant office, retail and leisure quarter with a number of national, regional and local operators in close proximity.

The property is situated opposite the Silver Street entrance to the regenerated Hepworth's Arcade and Trinity Market.

Tenure

The premises are offered For Sale by way of a long lease (999-year term commencing 12 March 2021 with a non-reviewable peppercorn ground rent) at a guide price of £150,000. The property is offered To Let subject to a 3-year term with a phased rent starting at £10,000 pax year 1, £12,500 pax year 2 and £15,000 pax year 3.

Property info

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

Arrange Viewing

For more information about this property, please contact
Scotts Property LLP, HU1 on +44 1482 763780 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Scotts Property LLP, and do not constitute property particulars. Please contact Scotts Property LLP for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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