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24-26 King Edward St

9,608 SF 79% Leased Office Building Hull HU1 3SS $668,441 CAD ($70 CAD/SF) 9.60% Cap Rate

Office Space North Humberside Hull 24-26 King Edward St, Hull, NHS HU1 3SS

Investment Highlights

  • High footfall area
  • Good road connections
  • Amenities nearby

Executive Summary

Shop let to Costa Limited on a lease expiring 2031. Total accommodation of approximately 863.3 sq m (9,293 sqft). Includes 483.2 sq m (5,210 sq ft) of vacant self-contained offices over the upper floors. Upper floors have potential for alternative uses and redevelopment, subject to the necessary consents.

Attachments

Commercial - 24th September 2024 - Lot 105 - 24_26, King Edward Street, Hull, North Humberside, HU1 3SS

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Building Size
9,608 SF
Building Class
B
Year Built
1930
Price
$668,441 CAD
Price Per SF
$70 CAD
Cap Rate
9.60%
NOI
$64,170 CAD
Percent Leased
79%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
1,993 SF

Amenities

  • Energy Performance Rating - C

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Ground-Ste 25
  • 1,267 SF
  • Retail
  • Partial Build-Out
  • Now

The subject property occupies a central position on King Edward Street close to TUI Travel and Dr Martens, opposite Costa and Tesco Express. It is comprised of 1,997 sq ft of retail space, set out across 3 floors.

Space Size Space Use Condition Available
Ground-Ste 25 1,267 SF Retail Partial Build-Out Now

Ground-Ste 25

Size
1,267 SF
Space Use
Retail
Condition
Partial Build-Out
Available
Now

Ground-Ste 25

Size 1,267 SF
Space Use Retail
Condition Partial Build-Out
Available Now

The subject property occupies a central position on King Edward Street close to TUI Travel and Dr Martens, opposite Costa and Tesco Express. It is comprised of 1,997 sq ft of retail space, set out across 3 floors.

Links

1 of 1
+44 20 7437 6977

  • Listing ID: 33192162

  • Date on Market: 2024-09-16

  • Last Updated:

  • Address: 24-26 King Edward St, Hull HU1 3SS

The Office Property at 24-26 King Edward St, Hull, HU1 3SS is currently available For Sale. Contact Allsop for more information.

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24-26 King Edward St
+44 20 7437 6977 x

24-26 King Edward St

Charlie Harrocks

+44 20 7437 6977

+44 20 7437 6977

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