Sold Price: £150,500, 10-16 Great Union Street, Hull, East Riding Of Yorkshire, 433+49724

Property Details

Location

The property is prominently located fronting the A1165 Great Union Street which links both the A165 Witham and the A63 Roger Millard Way, which are both main arterial routes into Hull City centre and to the wider region as well as the M62 Motorway.

Description

Easy Fix Tyre Centre, let on a lease dated 2008 with a reserved rent of £15,000 pa which is holding over, approximately 251 sq m (2,703 sq ft) on a site of approximately 0.28 acres (0.11 ha) including parking to the rear. The site also has a hoarding agreement at an annual rent reserve of £500.

Outside

Forecourt parking to the front of the property with vehicular access to the rear compound area.

Approx Site Area

Approximately 0.28 acres (0.11 hectares)

Tenure

Freehold

Tenancy

Property is let to Easy-Fix Tyres on an 5 year FRI lease commencing June 2016 at an annual reserved rent of £15,000 together with a Hoarding Agreement in favour of Maiden Outdoor Advertising commencing May 1997 at a quarterly rent reserved of £125.

General

Only the customer open areas of the lot can be viewed. Property is Freehold.

Addendum

Property is let to Easy-Fix Tyres on an 5 year FRI lease dated 2008 with a reserved rent £15,000 together with a Hoarding Agreement in favour of Maiden Outdoor Advertising commencing May 1997 at a quarterly rent reserved of £125. CONDITION G11 shall not apply and all the current tenant arrears (amounting to £25,429.25 as at 29.09.19) shall belong to the BUYER and from the date of completion and on completion the SELLER will enter into a Deed of Assignment of Arrears.