HU8 175-177 Cleveland Street, Hull

The premises consist of a mixed scheme commercial and residential investment with 175 Cleveland Street comprising of a spacious 2 bedroom flat which is accessed off Glass House Row with the 1st and 2nd floor comprising of a spacious 3 bedroom flat with access via Cleveland Street consisting of a large kitchen, bathroom, living facilities on the first floor with double bedroom and 2nd floor comprising of 2 spacious double bedrooms. 175 consists of a ground floor café which is being utilised as a sandwich shop operating as Kings Café with the 1st floor comprising of spacious 1 bedroom flat.

The premises are situated approximately 2 miles north east of Hull City Centre on Cleveland Street close to the junction on Mount Pleasant and Stoneferry. The premises are situated at the junction of Glass House Row with 177 Cleveland Street formally being a public house. The immediate area is mainly industrial with Reckitt Benckiser in close proximity as well as having easy access to Holderness Road and Hull Docks.

Mixed use investment opportunity.

Highly prominent position fronting Cleveland Street.

Investment currently produces £20,340 PA

This reflects a Net Initial Yield 8.5% after purchase cost of 2.55%.

Close proximity to Reckitt Benckiser, Docks, Sutton Fields Industrial Estate.