49-50 Whitefriargate Hull East Yorkshire HU1 2HP

49-50 Whitefriargate
Hull
East Yorkshire
HU1 2HP

Freehold Retail Investment

Shop let to Blue Banana until 2026
Benefits from self-contained office accommodation on upper floors
Prominent position on prime pedestrianised retail thoroughfare
Located approximately 150 metres from Princes Quay Shopping Centre
Nearby occupiers include Marks & Spencer, New Look, W H Smith, Boots and Greggs
Six Week Completion Period Available

Lot
58
Auction
18th October 2011
Rent
£67,000 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Freehold Retail Investment

Shop let to Blue Banana until 2026
Benefits from self-contained office accommodation on upper floors
Prominent position on prime pedestrianised retail thoroughfare
Located approximately 150 metres from Princes Quay Shopping Centre
Nearby occupiers include Marks & Spencer, New Look, W H Smith, Boots and Greggs
Six Week Completion Period Available

Lot 58
Auction 18th October 2011
Rent £67,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector
High Street Retail
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 38 miles south-east of York, 58 miles east of Leeds
Roads: A63, A1079
Rail: Hull Railway Station
Air: Doncaster/Sheffield Robin Hood Airport

Situation

The property is situated in a prominent position on the northern side of Whitefriargate, one of Hull's prime pedestrianised retail thoroughfares, some 150 metres from Princes Quay Shopping Centre. Other nearby occupiers include Marks & Spencer, New Look, W H Smith, Boots and Greggs.

Tenure

Freehold.

Location

Miles: 38 miles south-east of York, 58 miles east of Leeds
Roads: A63, A1079
Rail: Hull Railway Station
Air: Doncaster/Sheffield Robin Hood Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with ancillary on part first floor, with self-contained offices on part first, second and third floors accessed via Whitefriargate.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor retail unit with ancillary on part first floor, with self-contained offices on part first, second and third floors accessed via Whitefriargate.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground Part First	Retail/Ancillary Ancillary	184.32 sq m 44.69 sq m	(1,984 sq ft) (481 sq ft)	BLUE BANANA RETAIL LTD (1)	15 years from 15/07/2011 until 14/07/2026 on a full repairing and insuring lease	£67,000	15/07/2016 and 15/07/2021
Part First	Office	95.50 sq m	(1,028 sq ft)	VACANT POSSESSION
Second	Office	134.99 sq m	(1,453 sq ft)	VACANT POSSESSION
Third	Office	131.74 sq m	(1,418 sq ft)	VACANT POSSESSION
Totals		591.24 sq m	(6,364 sq ft)			£67,000

(1) Founded in 1997, Blue Banana sells a range of jewellery, clothing and novelty gifts from their 15 stores throughout the UK as well as through their online store. (Source: www.bluebanana.com 13/09/2011)