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Investment

Investment For Sale Kingston upon Hull

PROPERTY ID: 140664

PROPERTY TYPE

Investment

STATUS

Available

SIZE

7,900 sq.ft

Key Features

Attractive retail Investment in a thriving established residential area.
Population of 10,000 within over 4,000 homes with over 2,000 more homes due to be developed.
Located close to Kingswood Parks Primary School & Kingswood Health Centre. Occupiers include Co- op Convenience Store, National Pharmacy, Regional Estate Agent & Independent Businesses.
On site free parking, with designated car parking to rear for the occupiers.
Current passing rent of £161,184 per annum which would reflect a NIY of 6.76% after purchase Costs 6.03%.
Total 7,900 sq ft (743 sq m) of which 38% is occupied by Co-operative Group Food Limited.
Established longstanding tenants.

Property Details

Kingswood Parks Retail Centre Is A Development Of Seven Purpose Built, Class E Retail, Lock-up Shops, With An Upper Floor As Self-contained Residential
Units Which Have Been Sold Separately On Long Leasehold Arrangements. The Parade Comprises Of A Mixture Of Operators That Include The Co-op Convenience Store, Café/bar, Hair Salon, Beauty Salon, Barber Shop, Pharmacy And Estate Agents.

The Parade Has Free Access To Public Parking To The Front Of The Site, With Each Individual Units Having Designated Parking To The Rear. The Immediate Area Is Occupied By Kingswood Parks Primary School And Kingswood Health Centre, Together With The Village Green Open/amenity Space.

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About the Agent

Garness Jones Commercial Ltd

See Agent's Other Properties

Investment Unit

£2,250,000 Freehold

Kingswood Parks Retail Centre,Kingswood Parks, Kingston upon Hull, HU7 3DQ
Investment - Available
7,900 sq ft
734 sqm
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