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100 New Cleveland St 3,010 SF 100% Leased Office Building Hull HU8 7HE $838,040 CAD ($278.42 CAD/SF)
Investment Highlights
- High Yielding Freehold industrial investment.
- Fully let to two tenants.
- Leases expiring in 2029 and 2031 (please refer to the tenancy section).
- Asset management potential via extension (stpp).
- Comprising two workshops,17 car parking spaces and yard.
- Tenants in occupation since 2017.
- 11,777 sq.ft (1,094 sq.m)arranged over two floors.
- Investment let at £53,000 p.a. (11.78% GIY) on guide price.
Executive Summary
The property comprises a freehold industrial investment arranged as two workshop units known as 100 and 100A New Cleveland Street. The buildings provide a combined covered area of approximately 11,777 sq ft, arranged over ground and first floors, and are currently configured to accommodate two separate tenants. Externally, the property benefits from 17 car parking spaces together with substantial yard areas, enhancing its appeal to trade, industrial and service-based occupiers.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
3,010 SF
Building Class
C
Price
$838,040 CAD
Price Per SF
$278.42 CAD
Percent Leased
100%
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Orchard Training & Education
- -
- 14,262 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Orchard Training & Education | - | 14,262 SF | - | - |
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100 New Cleveland St
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