Hull Road, York - £350,000 - Freehold

Versatile Mixed-Use Freehold Opportunity with Income Potential

An exciting opportunity to acquire a substantial mixed-use property in a prominent position on Hull Road, ideally located close to York city centre and the University. The premises, formerly operating as a successful long established Chinese restaurant and takeaway, offers a fully equipped ground floor commercial unit with a two-bedroom apartment above, both offered with vacant possession.

The ground floor comprises a welcoming front restaurant area leading to a well-maintained commercial kitchen, which remains fully fitted and operational. To the rear is a useful store room and an external W.C. A central hallway provides internal access to the garage and stairs to the first floor.

The upper floor offers a self-contained two-bedroom apartment, featuring a living room with kitchenette, separate bathroom, and W.C. The apartment offers excellent rental potential for long or short-term lets.

Externally, the property benefits from a forecourt with off-street parking and access to the garage. A courtyard and rear access provide further convenience and flexibility for deliveries or tenant use.

Investment Potential:
Estimated commercial rent: £2,000 pcm
Estimated residential rent: £1,000 pcm
Total projected income: £36,000 per annum

This versatile property presents an excellent opportunity for investors, owner-occupiers, or those seeking a live/work setup in a well-connected part of York.

Offered with full vacant possession.

ANTI-MONEY LAUNDERING COMPLIANCE

We are legally required to conduct Anti Money Laundering checks on all purchasers and sellers. These checks become mandatory when a seller accepts a purchaser's offer on a property. Anti-Money Laundering checks are valid for 6 months from the date they are completed. If your purchase does not proceed and you make an offer on another property more than 6 months later, or if your checks are more than 6 months old when making a new offer, you will need to complete and pay for new checks. We use a partner supplier MoveButler, to carry out these checks on our behalf. They will contact you directly once your offer has been accepted (subject to contract) to complete the electronic verification process securely. There is a non-refundable charge of £30 + VAT per purchaser for these checks. This fee must be paid before we can issue a memorandum of sale to solicitors and is non-refundable under any circumstances. Ashtons receive a portion of this fee from Movebutler as compensation for facilitating these checks and our administrative role in the compliance process.

Commercial Resturant
First Floor Apartment
Two Bedrooms
Commercial Kitchen
Shop Frontage
Garage And Rear Store
EPC TBC

2 Bedrooms   |   1 Bathroom   |   1 Reception