20th June 2023
This is an investment opportunity located in a long established district retailing area being situated circa 2 miles north west of Hull City Centre. Newland Avenue connects Princes Avenue with Cottingham Road and incorporates may local retailers cafes , restaurants and hotfood takeaways Occupies include Tesco and Sainsbury's convenience stores , Ladbrokes and William Hill bookmakers , Cooplands bakery , Lloyds Bank , Day Lewis Pharmacy , Heron Foods, William H Brown and a General Post Office .
The premises are located in one of the busiest positions on Newland Avenue with Ladbrokes to one side and Rouse Opti tions to the other.
The property comprises a ground floor retail unit with modern display window, the retail area is mainly open plan however it has a preparation area to the rear plus kitchen and wc facilities . The total ground floor area is 60.76sqm (654sqft) .
A staircase to the rear , which could ultimately provide a self contained access leads to the first floor . The first floor has three rooms plus bathroom and separate kitchen . The first floor has double glazed windows and a gas boiler .
The property is occupied on a lease with circa 8 months unexpired at £15,000pa subject to effective FRI terms .
The property is available at £170,000 ono.