Tivoli House Paragon Street, Hull, North Humberside, HU1 3PE

An excellent opportunity to acquire a substantial mixed commercial investment occupying a prominent city centre position on busy high Street. The property comprises the leasehold title to the ground floor of Tivoli House, which is divided into four self-contained commercial units, offering an attractive combination of established rental income together with further asset management and income growth potential. The current rental income is generated from two occupied units, with Unit 1 let at £15,000 per annum and Unit 4 producing £514 per calendar month (approximately £6,168 per annum), providing a combined passing rent of £21,168 per annum. Units 2 and 3 are currently vacant and are being marketed at £14,000 per annum and £10,000 per annum respectively. If both units are let at the current asking rents, the property has the potential to generate a total gross annual rental income of approximately £45,168 per annum. The two vacant units provide contrasting and versatile commercial accommodation. One comprises a substantial open-plan retail unit with extensive glazed frontage onto South Street, together with ancillary storage areas, W.C. facilities and rear access, extending to approximately 220 sq m. (16-20 South Street). The second vacant unit extends to approximately 65 sq m and provides a more compact commercial space with prominent frontage, ancillary accommodation, W.C. fa…

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