Industrial Groundlease Plot 54/55, Sutton Fields Industrial Estate, Hull, East Riding Of Yorkshire, HU7 0YW

Lot 45

COMMERCIAL INVESTMENT, GROUND RENT INVESTMENT

Sold for £436,000

  • Substantial Industrial Ground rent investment
  • Let to James E Smith (Timber) Ltd at £23,400pa
  • 121 year lease from 7th April 1988
  • Rents reviews every five years
  • Site area 0.88ha (2.16acre)
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Property Details

Industrial ground rent £23,400pa

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

Location
Sutton Fields Industrial Estate is located approximately 3miles to the North of Hull City Centre . The site is located close to the junction of Stockholm Road and Kingston Way

The Site
The land is identified by the adjoining plan and amounts to approximately 0.88ha (2.16 acre)

Lease Terms
The property is freehold subject to 121 ground lease from 7th April 1988 to James E Smith (Timber) Ltd at an annual ground rent of £23,400 reviewed every 5 years

Location of Property

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