My Pad Accommodation Ltd
Tel: 01482 342445
139 Cottingham Road
Hull
HU5 2DH
Wincolmlee, Kingston Upon Hull
Asking Price £400,000
Investment - Let
Nestled in the thriving industrial area of Wincolmlee, Kingston Upon Hull, this well-established commercial property presents an exceptional investment opportunity. Comprising four distinct units, the property boasts a generous total area of 10,702 square feet, making it suitable for a variety of business ventures.
One of the standout features of this property is the large rear car park, providing ample space for both staff and customers, which is a significant advantage in a bustling area. The location is particularly appealing, as it is situated within close proximity to Hull City Centre, ensuring easy access to a wide range of amenities and services.
The property benefits from long-term leases already in place, offering a stable income stream of £37,550 per annum. This translates to an impressive return of 9.4%, making it an attractive proposition for investors seeking reliable rental income in a growing market.
With its strategic location, established tenant base, and solid financial performance, this commercial property in Wincolmlee is a prime opportunity for those looking to expand their investment portfolio or enter the commercial property market. Do not miss the chance to acquire a property that combines potential for growth with immediate income.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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