Portland House, 57 Prestongate, Hessle, East Yorkshire, HU13 0RD

For Sale £160,000 Offers in Excess of

Size: 1604 sq.ft. / 1604 sq.ft.
Property Ref: 9054 Type: Commercial investment

Property description

The offices are accessed off Prestongate and provide 4 offices and a board room, fit out with LED lighting and modern grey cord tiled carpet . The offices benefit from a kitchen and separate ladies and gents w/c facilities. The property also lends itself to be opened up to create an open plan office space if required.

Property features

  • First floor office investment.
  • Currently producing an income of £16,000 per annum. Let on a 6-year lease from February 2023 with a rent review February 2026
  • Which reflects an Net Initial Yield of 9.84% after purchasers costs of 1.63%.
  • For sale on long leasehold interest with 961 years remaining.
  • The unit benefits from Class E use consent.

Contact Us

Contact us or fill in the form and we'll get back to you.

Call: 01482 564564
Email: info@garnessjones.co.uk

For any accounts related queries, please direct your email to cmaccounts@garnessjones.co.uk

Information

    Garness Jones is a trading name of Garness Jones (Commercial) Limited, registered in England and Wales – Registration No. 13088669

    The company is registered for VAT under reference 372 9009 88. Their registered address is Riverside House, 11-12 Nelson Street, Hull, East Yorkshire, HU1 1XE.

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