FOR SALE FREEHOLD – Semi-Commercial Investment Opportunity £280,000
Cottingham Road, Hull – 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 – 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 – 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
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