Two Industrial Ground Leases 5 Valetta Street, Hull, East Riding Of Yorkshire, HU9 5NP

PROPERTY AUCTIONS / Tuesday 3rd September 2019

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Lot 37

COMMERCIAL INVESTMENT, GROUND RENT INVESTMENT

Withdrawn Prior to Auction

Two substantial ground rents totalling £16,131 pa
Leases until 31st December 2062
25 year rent reviews
Site area of 1.34 ha (3.31 acres)

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Brochure Catalogue Auction Finance

Industrial Ground rents £16,131 pa let until 31st December 2062

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

Location
The site lies some 3 miles to the East of Hull City Centre just off the A1033 Hedon Road and on the right hand side just before the cul de sac.

The Site
The land is identified by the adjoining plan and amounts to approximately 1.34 ha (3.31 acres)

Lease Terms
There are two leases in place to Martin Gordon Swift-
1st April 1969 - 31st December 2062 at £6,079pa
5th October 1969 - 31st December 2062 at £10,052pa

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