Wincolmlee, Kingston Upon Hull

£400,000 Asking Price
  • Availability: For Sale
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Property Summary

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.