FOR SALE FREEHOLD ā Semi-Commercial Investment Opportunity Ā£280,000
Cottingham Road, Hull ā Prime Location Next to the University
An excellent opportunity to acquire a prominent semi-commercial property in a highly sought-after location on Cottingham Road, positioned directly next to the university and benefiting from high levels of footfall and passing trade.
The property is currently owner-occupied and operating as a restaurant, offering flexibility for a buyer to either continue trading their own business from the premises or let the commercial unit as an investment.
Ground Floor ā Commercial Premises
⢠Currently operating as a restaurant
⢠Highly visible main road position
⢠Suitable for a variety of commercial uses (subject to any required consents)
⢠Estimated rental income: £14,500 per annum
First & Second Floor ā Residential Duplex Apartment
⢠Newly renovated throughout
⢠Spacious 2-bedroom duplex flat
⢠Ideal for owner occupation or as a rental investment
⢠Estimated rental income: £750 per calendar month (£9,000 per annum)
Investment Potential
If fully let, the property could generate:
⢠£23,500 gross annual income
⢠Approx. 8.4% gross yield based on the asking price
Key Features
⢠Prime university location
⢠Semi-commercial freehold
⢠Restaurant premises with strong passing trade
⢠Newly refurbished 2-bedroom duplex apartment
⢠Ideal for investors or owner-occupiers
⢠Strong rental potential
Asking Price: £280,000
A rare opportunity to acquire a mixed-use property in a thriving student area, offering both commercial income and residential accommodation.
Enquire today for further information or to arrange a viewing.
In house Broker services available- arrange your FREE consultation today
Luxakey.commercial@gmail.com
07840953143
This is a common note that can be displayed on all properties but controlled from one simple option.
Immerse yourself in the captivating ambiance of our properties. Book a personalized tour to explore the exquisite beauty and unique features of our property.
Our knowledgeable staff will guide you through the property, answering any questions you may have.