Development Site - PPH Commercial
Development Site Bude Road, Bransholme, Hull, HU7 4EA
For Sale
Consent in place for 1,475 sq m (15,877 sq ft) Food Retail Store
Suitable for alternative uses such as Daycare/Nursery/Nursing or Residential Care Home (subject to planning consent)
High Profile Prominent Location
Access to 30,000 Surrounding Population
Available as either a Development Site, Turn Key Design and Build or Rental Package
The Hesslewood Estate | Ferriby Road | Hessle | Hull | HU13 0LG 01482 648888 pph-commercial.co.uk
Immediate availability
Nick Pearce | 01482 626900 [email protected]
Chartered Surveyors & Commercial Property Consultants
Ben Cooper | 01482 626912 [email protected]
Bude Road, Bransholme, Hull, HU7 4EA Location
Terms
The site is situated on the roundabout junction at the conflux of Bude Road, Wawne Road and Holwell Road, approximately 4 miles north of Hull City Centre in a busy residential area.
The site can be offered on the following basis:
Traffic counts in respect of the site have been undertaken by the Waterman Group during weekday peak hours 1600 to 1700. They are currently approximately 3,000 vehicles using the roundabout. The site will obviously be visible to all these users. The site also has the advantage that there are other restrictive covenants restricting any council owned adjacent land within an immediate wide local area being developed for retail use. Net Area of Total Site
1.84 acres approx.
Turn Key Design and Build Development
A rental transaction on the food store based on new 25 year lease with 5 yearly rent reviews and a minimum uplift of 3% per annum.
New freehold preceded by a building agreement.
Services Purchasers must make their own investigations regarding services to and from the site, although the sellers will be pleased to make available information they have in their possession.
Planning Consent Planning permission for a new 15,877 sq ft food store has been granted and it will also be subject to a building agreement that is to be completed within 18 months of the start on site. The planning consent is also subject to a Section 106 agreement with set financial contributions. Details are available from the agent.
VAT The site is subject to VAT and this will be charged on all payments made to the seller.
Date: June 2014 File Ref: 8987
Legal Costs The Purchaser/Tenant will be responsible for the all legal costs incurred in this transaction, subject to a pre-agreed cap, and any Stamp Duty payable thereon.
For further information and viewing The Hesslewood Estate | Ferriby Road | Hessle | Hull | HU13 0LG 01482 648888 pph-commercial.co.uk
Nick Pearce | 01482 626900 [email protected]
Ben Cooper | 01482 626912 [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.
For Sale
Consent in place for 1,475 sq m (15,877 sq ft) Food Retail Store
Suitable for alternative uses such as Daycare/Nursery/Nursing or Residential Care Home (subject to planning consent)
High Profile Prominent Location
Access to 30,000 Surrounding Population
Available as either a Development Site, Turn Key Design and Build or Rental Package
The Hesslewood Estate | Ferriby Road | Hessle | Hull | HU13 0LG 01482 648888 pph-commercial.co.uk
Immediate availability
Nick Pearce | 01482 626900 [email protected]
Chartered Surveyors & Commercial Property Consultants
Ben Cooper | 01482 626912 [email protected]
Bude Road, Bransholme, Hull, HU7 4EA Location
Terms
The site is situated on the roundabout junction at the conflux of Bude Road, Wawne Road and Holwell Road, approximately 4 miles north of Hull City Centre in a busy residential area.
The site can be offered on the following basis:
Traffic counts in respect of the site have been undertaken by the Waterman Group during weekday peak hours 1600 to 1700. They are currently approximately 3,000 vehicles using the roundabout. The site will obviously be visible to all these users. The site also has the advantage that there are other restrictive covenants restricting any council owned adjacent land within an immediate wide local area being developed for retail use. Net Area of Total Site
1.84 acres approx.
Turn Key Design and Build Development
A rental transaction on the food store based on new 25 year lease with 5 yearly rent reviews and a minimum uplift of 3% per annum.
New freehold preceded by a building agreement.
Services Purchasers must make their own investigations regarding services to and from the site, although the sellers will be pleased to make available information they have in their possession.
Planning Consent Planning permission for a new 15,877 sq ft food store has been granted and it will also be subject to a building agreement that is to be completed within 18 months of the start on site. The planning consent is also subject to a Section 106 agreement with set financial contributions. Details are available from the agent.
VAT The site is subject to VAT and this will be charged on all payments made to the seller.
Date: June 2014 File Ref: 8987
Legal Costs The Purchaser/Tenant will be responsible for the all legal costs incurred in this transaction, subject to a pre-agreed cap, and any Stamp Duty payable thereon.
For further information and viewing The Hesslewood Estate | Ferriby Road | Hessle | Hull | HU13 0LG 01482 648888 pph-commercial.co.uk
Nick Pearce | 01482 626900 [email protected]
Ben Cooper | 01482 626912 [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.
