HU1 3BA - 1 bed george street investment in George Street, HU1 3BA

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Commercial property for sale in 37-39 George Street, Hull, HU1 3BA, HU1

Summary - 37-39 George Street,KINGSTON UPON HULL,HU1 3BA HU1 3BA

1 bed 1 bath Commercial Property

Income-producing office with recent tenant fit-out and convenient transport links.
Extensive tenant-funded fit-out circa £85,000
A substantial double-fronted retail/office on George Street, offered with an income-producing tenant paying £18,000 pa. The current occupier completed circa £85,000 of fit-out including new lighting, carpets, air conditioning and glazed partitions, leaving a turnkey workspace across 2,566 sq ft. External parking for four cars and a prominent street frontage add practical value for occupiers or future lessees.

This suits a pension buy (SIPP) or investor seeking a city-centre asset with immediate income and a tenant guarantor in place. The property benefits from excellent mobile and fast broadband, proximity to the main transport interchange and numerous local amenities that support occupier demand.

Material negatives include a very deprived local area profile and high local crime levels, which may affect covenant strength and rental growth. Tenure is not stated, so buyers should verify title and lease details. The property was refurbished by the tenant; any long-term maintenance liabilities should be checked during due diligence.

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