Investment and Development Opportunity 799 Hedon Road, Hull, HU9 5LU
Total Page:16
File Type:pdf, Size:1020Kb
Investment and Development Opportunity 799 Hedon Road, Hull, HU9 5LU For Sale £2.9 Million • Manufacturing, distribution facility and offices of 86,000 sq ft on a 10 acre site • Enterprise Zone Status • Sale and Leaseback opportunity • 10 year lease back at £290,000 pa, subject to a tenant only break clause after 5 years • Ideally located for Hull docks • Further details from the sole agent The Hesslewood Estate | Ferriby Road | Hessle | Hull | HU13 0LG Ben Medhurst | 01482 626910 Ben Cooper | 01482 626912 01482 648888 pph-commercial.co.uk [email protected] [email protected] Chartered Surveyors & Commercial Property Consultants 799 Hedon Road Hull, East Yorkshire HU9 5LU Location Externally, there is a large, fully fenced secure service yard, which Energy Performance Certificate The property is located on the north side of Hedon Road between provides external storage, surfaced in tarmac, concrete and A copy of the energy performance certificate for the property is the Southcoates Lane and Littlefair Road junctions, approximately hardcore, which would provide areas for additional development if available from the agents. 2 miles east of Kingston Upon Hull city centre. so required. Services Hedon Road (A1033) provides direct access to the city centre, Accommodation 3 phase electricity, mains gas, water and drainage are all available to docks and national motorway network. The accommodation measured on a gross internal area basis the property. briefly comprises. Offices 288 sq m (3,100 sq ft) Enterprise Zone Status Production Unit 7,703 sq m (82,925 sq ft) The land benefits from Enterprise zone status, as such there are incentives available for business rates available on this site. Total 7,991 sq m (86,025 sq ft) There is also a simplified planning regime and incentives around broadband installation to the site. Further details are available from the sole agents and local authority. Site Area 4.05 hec (10.00 acres) Date: December 2016 Terms The freehold interest in the site is available for the sale on the File Ref: 11796 following terms and conditions, subject to contract. Price £2,900,000 plus VAT. Tenure Description The freehold interest in the site is available for sale subject to a 10 The site has previously been used as a manufacturing facility and year lease with a tenant only break clause after 5 years from extends to some 4.05 hectares (10 acres) with over 82,925 sq ft of Willerby Holiday Homes at a rent of £290,000 pa. Further details production space. are available from the agents. 799 Hedon Road has previously been used as a production and VAT storage facility, the accommodation includes a brick built production The site is registered for VAT. unit with insulated roof, with two floors of offices adjoining. The accommodation has been extended with steel portal frame Planning buildings, which provide excellent manufacturing space that The site has historically been used for B2 general industrial use and benefits from 3 phase electricity a combination of sodium, high bay B8 storage and distribution uses. Further details are available from and fluorescent strip lighting, warm air gas blowers, air line and the sole agent. multiple roller shutter door access points. For further information and viewing The Hesslewood Estate | Ferriby Road | Hessle | Hull | HU13 0LG Ben Medhurst | 01482 626910 Ben Cooper | 01482 626912 01482 648888 pph-commercial.co.uk [email protected] [email protected] PROPERTY MISREPRESENTATION, MISDESCRIPTION & FINANCIAL SERVICES ACTS PPH Commercial Limited for themselves and for their clients of this property, give notice that: (i) these particulars are a general outline only and do not constitute the whole or any part of an offer or contract; (ii) PPH Commercial Limited cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use or other details contained herein. Prospective purchasers or tenants must satisfy themselves as to their accuracy; (iii) no employee of PPH Commercial Limited has any authority to make or give any representation or warranty or enter into any contract in relation to the property; (iv) rents or prices quoted in these particulars may be subject to VAT in addition. .