My Pad Accommodation Ltd
Tel: 01482 342445
139 Cottingham Road
Hull
HU5 2DH
Finkle Street, Cottingham
Asking Price £395,000
Shop
Nestled in the heart of Cottingham Village Centre, this prominent commercial property on Finkle Street presents an exceptional investment opportunity. This is a multi-unit commercial purchase, boasting long-term leases with reliable tenants already in place. Each unit has been meticulously maintained to a good standard, ensuring a seamless transition for any prospective buyer.
With a total gross annual income of approximately £28,000, this property offers an attractive return of around 7%. The financial stability provided by the existing tenants, coupled with their commendable payment history, makes this an enticing prospect for investors seeking a steady income stream.
Furthermore, all lease repairs are the responsibility of the tenants, alleviating any potential maintenance concerns for the new owner. This arrangement not only enhances the appeal of the property but also underscores its suitability for those looking to invest in a hassle-free commercial venture.
In summary, this shop on Finkle Street is a rare find in a sought-after location, combining a strong income potential with the security of long-term tenants. It is an ideal choice for investors aiming to expand their portfolio in a thriving village centre.
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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