Extends to approximately 141 sq m (1,518 sq ft) overall
Recent consent for a change of use to Class E (General retail, office, professional services, and restaurant uses permitted)
Situated in the heart of Hull’s historic ‘Old Town’
Nearby occupiers include OneStop, Boyes and Superdrug
Situated opposite the entrance to the Hepworth’s Arcade and Trinity Market
The subject property is located in the heart of Hull's historic 'old town' a vibrant office, retail and leisure quarter with a number of national, regional and local operators in close proximity.
The property is situated opposite the Silver Street entrance to the regenerated Hepworth's Arcade and Trinity Market.
Description
The ground floor premises comprise a large open plan floor area with a small basement and raised WC’s at the rear. The property benefits from characterful features including a high internal ceiling height and a recessed double door entrance.
Accommodation
Ground floor | 134 sq m | (1,442 sq ft) |
Basement | 7 sq m | (76 sq ft) |
Total | 141 sq m | (1,518 sq ft) |
Terms
The premises are offered For Sale by way of a long lease (999-year term commencing 12 March 2021 with a non-reviewable peppercorn ground rent) at a guide price of £150,000. The property is offered To Let subject to a 3-year term with a phased rent starting at £10,000 pax year 1, £12,500 pax year 2 and £15,000 pax year 3.
RATEABLE VALUE
The premises are currently listed within the Rating List as ‘Public House & Premises’ with a Rateable Value of £11,000 effective 1 April 2023 (2023 Rating List). Under current legislation, a qualifying business will benefit from the small business rates relief scheme. The property may require re-assessment due to a change of use.
ENERGY PERFORMANCE RATING: Requires Re-assessment
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