Unit 5 Raven Street, Hull, East Riding Of Yorkshire, HU9 1PP

Lot 13

COMMERCIAL INVESTMENT, GROUND RENT INVESTMENT

Sold for £12,000

  • Freehold to 1 of 6 Industrial ground rents
  • Let for 99 years from 24th February 1975
  • £825pa with a rent review due in 2027
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Property Details

Industrial ground rent Let for 99 years from 24th February 1975 for £825pa with a rent review due in 2027

On instructions from NPS acting on behalf of Hull City Council.

Location
Raven Street is some 1.3 miles to the east of the centre of Hull at the north of the A63 between Wyke Street & Grindle Street

Description
The Freehold interest in 1 of 4 brick built single storey industrial buildings with forecourt car parking & vehicular access

Lease Terms
Let for 99 years from 24th February 1975 for £825pa with a rent review due in 2027

Note
Prospective purchasers should know that the conditions of sale for this lot include for the purchaser to pay Hull City Councils legal and auction costs in addition to the price bid. All details would be outlined in the legal pack

Location of Property

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