Commercial premises currently used as printing works and offices located around the corner of Baker Street and Percy Street extending to approximately 16,578 sq ft (1,540 m²) with a mixture of buildings including Grade II Listed properties fronting Baker Street. The whole site extends to approximately 0.26 acre and offers a conversion/development opportunity subject to the usual planning consents. Guide Price £500,000+LOCATION
The premises/development opportunity is located on the north side of Baker Street at its junction with Percy Street within the heart of Hull City Centre close to Albion Square, one of the key regeneration areas within Hull. Baker Street and Percy Street have seen considerable regeneration over the past few years with a number of high profile residential schemes being developed including Spectrum by Barratts on Wright Street and Baker Street Central Old Gateway by Westbridge Homes.
DESCRIPTION
The premises comprise a mixture of workshops, stores and offices with the whole of the premises extending to approximately 16,578 sq ft (1,540 m²) excluding staircase corridor. The premises have been extended over many years to provide printing works for the current occupier together with offices and showroom. The property is a mixture of constructions with the prominent part being Grade II Listed buildings fronting Baker Street, comprising 3 Georgian terraces which are constructed of brick under pitched, slate covered roofs. To the rear is a steel framed building with a mixture of pitched and flat roofs. Externally there is a small yard adjacent to the Percy Street entrance which can accommodate parking for approximately 4 cars.
ACCOMMODATION
Ground Floor8,527 sq ft (792.2 m²)
First Floor6,799 sq ft (631.6 m²)
Second Floor1,252 sq ft (116.3 m²)
Outside - small enclosed yard for vehicle parking
PLANNINGCurrently operated as a printing business with associated offices, interested parties should contact the Local Planning Department at Hull City Council as to the potential for redevelopment for alternative uses taking into account the Listed structures and the Conservation Area status.
RATEABLE VALUE
The Valuation Office Agency website describes the premises as 'offices and premises' with a Rateable Value of £18,000. We advise interested parties to make their own enquiries with the Local Rating Authority, Hull City Council.
PRICE
The freehold is offered at a guide price of £500,000+ with vacant possession.
V.A.T.
The above mentioned financial amounts have been quoted exclusive of V.A.T. and we have not taken into account the incidence thereof.
FURTHER INFORMATION AND TO VIEW
Please contact sole agents Scotts Property LLP at their Hull Office Tel: 01482 325634.