21 King Edward Street, Queens House King Edward Sreet, Queens House, Hull, HU1 3RL

£ 35,000 pa / 2,246 sq ft
21 King Edward Street, Queens House, Hull - Picture 2023-01-26-09-37-42
Use Class

Use Class

E

Size

Size

2,246 sq ft

Rent pa

Rent pa

£35,000

21 King Edward Street, Queens House, Hull

Prime city centre shop.

Hull is East Yorkshire's principal city reportedly attracting 87% of its primary catchment and ranking 28th in the UK by shopper population. Queens House is a 133,705 sq ft (12,422 sq m) retail block located in the heart of Hull City Centre. Situated between the city's trio of covered shopping centres (St Stephens, Princes Quay and Prospect Centre), Queens House occupies one of the busiest pitches in the city. Major tenants include McDonalds, Barclays Bank, EE, Virgin Money, Card Factory and GDK. The subject property occupies a central position on King Edward Street close to Sharps, TUI Travel and Dr Martens, opposite Costa and Tesco Express.

Key Information

Viewing

Strictly by appointment.

Accommodation

2,246 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor Sales
2,246
208
First Floor Ancillary
1,445
134
Second Floor Ancillary
244
22.7

Financial

Lease Type

New Lease

Lease Term

The premises are offered on a new effective FRI lease for a term to be agreed, subject to upward only rent reviews every 5 years.

Rent

£35,000 per annum exclusive of rates and service charge.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service charge

We understand the 2023/2024 budget is £5,263.23.

Business Rates

We are advised the property is assessed as follows:- Rateable Value (April 2023) £27,750.00 UBR (2023/2024) 49.9p Estimated Rates Payable (2023/2024) £13,847.25 Estimated Payable with Retail Relief £ 3,461.81 For further details visit www.voa.gov.uk or contact the local Rating Authority. The Rates Payable may be subject to small business and/or other reliefs.

Sustainability

A copy of the EPC is available on request.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2024 Completely Property Technology Limited

This was last updated on 26/04/2024