Lot 43
COMMERCIAL INVESTMENT, GROUND RENT INVESTMENT
Sold for £152,000
Industrial ground rent £7,545pa. 99 years from 1976. 10 year reviews
On instructions from NPS acting on behalf of Hull City Council.
Location
The property is located less than a mile to the North of Hull city centre. Main Street runs between Westmoreland Street and Fountain Road at opposite the junction with Central Street
The Site
The land is identified by the adjoining plan and amounts to approximately 0.13ha (0.32 acre)
Lease Terms
The property is freehold subject to a 99 year lease to CKM Group Ltd. from 1st January 1976. There are 10 year rent reviews and the current rent is £7,545pa., last reviewed in January 2016
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Speed and certainty at a competitive price!
Adrian Little
FRICS
FNAVA
Senior Partner & Auctioneer
adrian@markjenkinson.co.uk
Or call: 0114 276 0151