A substantial freehold mid-terraced property, available with vacant possession and offering potential for conversion to residential use, subject to planning.
INVESTMENT OPPORTUNITY
Location/Description
The property is situated in Hull City Centre, close to Queens Gardens, the newly developed Glasshouse scheme and the BBC studio. George Street comprises a mix of retail, office and leisure users, together with a variety of residential conversions.
The building is of traditional brick construction and has accommodation over flour floors, including the basement - formerly in use as a barber`s, plus an attic room. The property is considered ideal for conversion to residential use, subject to the usual planning and building consents.
Accommodation
The accommodation totals approx 149 sq m (1603 sq ft), with the following net internal floor areas:-
Basement 28.4 sq m 305 sq ft
Ground Floor
Entrance Hall
Stairs to first floor
Front Room 16.5 sq m 176 sq ft
Rear Room 12.7 sq m 136 sq ft with gas boiler & sink unit
Rear Entrance Lobby with WC off, stairs to basement & access to rear yard
First Floor
Half Landing with WC off
Front Room 21.7 sq m 232 sq ft
Rear Room 12.5 sq m 133 sq ft
Second Floor
Front Room 19.6 sq m 210 sq ft
Rear Room 12.6 sq m 134 sq ft
Attic Store 25.8 sq m 277 sq ft with limited height
Energy Performance Certificate: A copy of the Certificate and Recommendation Report is available on request.
Legal Costs
Each party is to be responsible for their own legal and professional costs incurred with the purchase and any tax payable thereon.
Business Rates
The premises is assessed with the following Rateable Values: Shop & Premises: £3,100 (Basement), Shop & Premises: £2,500 (Ground/First Floor), Workshop & Premises: £355 (First Floor), Rooms & Premises: £1,675 (Second Floor). For further details, visit Gov.uk or contact the business rates department at Kingston upon Hull City Council. Save for the basement, all other assessments would appear to be below the minimum threshold to trigger an empty rate liability.
Services
We understand that mains gas, electric, water and drainage are connected.
Tenure
Freehold with full vacant possession.
Read more