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554 Hessle Rd 14,912 SF Retail Building Hull HU3 5BL For Sale
INVESTMENT HIGHLIGHTS
- Let on an FRI lease to Fit 24 (West) Ltd on a lease expiring 2029 without break
- Alternative uses are possible subject to planning
- Modern well-proportioned unit providing 14,445 sq ft
EXECUTIVE SUMMARY
Let to Fit 24 (West) Ltd under the terms of a 10 year FRI lease with effect from 15th July 2019 at an initial rental of £80,000 pax. There is a
single fixed increase with the rent rising to £88,000 on 15th July 2024. There is also a photographic schedule of condition, a copy of which
can be provided to interested parties.
single fixed increase with the rent rising to £88,000 on 15th July 2024. There is also a photographic schedule of condition, a copy of which
can be provided to interested parties.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Health Club
Building Size
14,912 SF
Building Class
B
Year Built
2008
NOI
$148,793 CAD
Tenancy
Single
Building Height
1 Story
Parking
48 Spaces (3.22 Spaces per 1,000 SF Leased)
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NEARBY MAJOR RETAILERS
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554 Hessle Rd
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