Summary - 10, SAMMAN ROAD HU17 0BS
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prominent ground floor retail space currently leased to William Hill
- CPI-linked rent review every 5 years and upward-only open market review in the 10th year
- Long leasehold with 90 years remaining, £10 annual ground rent
- Gross initial yield of 6.80%, with a rental income of £10,000 p.a.
- Excellent mobile signal and fast broadband speeds
- Located in a bustling market town, Beverley, known for historical charm and community amenities
**Potential Concerns:**
- Above-average crime rate in the area
- Property situated in a region classified as relatively deprived
- Efforts may be required to enhance the surrounding area's appeal
This well-positioned retail investment at 10 Samman Road in Beverley provides a unique opportunity for investors looking for steady rental income and long-term potential. Currently leased to William Hill, this commercial space boasts excellent foot traffic and visibility, essential for driving business in an area populated with local amenities such as pharmacies and convenience stores. With a solid long-term lease and structured rental reviews, your investment can offer stability and growth.
While the neighborhood does face challenges, including a higher-than-average crime rate, the presence of reputable schools and community services may appeal to those eyeing development or improvement strategies. Embrace the opportunity to take advantage of the property's impressive return on investment and potential for future growth, all in a quintessential town within easy reach of Hull. Act now to secure this prime retail location!
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