Savills Property Auctions | 100&100a New Cleveland Street, Hull HU8 7HE

21 & 22 April 2026: Tuesday 21 April 2026 - 10:00am

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Key features

To be offered on Wednesday 22 April
High Yielding Freehold industrial investment
Comprising two workshops,17 car parking spaces and yard
Fully let to two tenants
Tenants in occupation since 2017
Leases expiring in 2029 and 2031 (please refer to the tenancy section)
11,777 sq.ft (1,094 sq.m)arranged over two floors
Asset management potential via extension (subject to planning and requisite consent)
Vat is not applicable
Investment let at £53,000 p.a. (11.78% GIY) on guide price.

Description

The property comprises a freehold industrial investment arranged as two workshop units known as 100 and 100A New Cleveland Street. The buildings provide a combined covered area of approximately 11,777 sq ft, arranged over ground and first floors, and are currently configured to accommodate two separate tenants. Externally, the property benefits from 17 car parking spaces together with substantial yard areas, enhancing its appeal to trade, industrial and service-based occupiers.

Additional information

Tenure

Freehold

Accommodation

Total covered area: approx. 11,777 sq ft (1,094 sq m)

External yard (No.100): approx. 9,705 sq ft (901 sq m)

External yard (No.100A): approx. 2,103 sqft (195 sq m)

17 car parking spaces

Tenancy

The property is fully let to two tenants, both of whom have been in occupation since 2017.

Total passing rent: £53,000 per annum - Lease expiries: 2029 and 2031

Please refer to tenancy schedule

Rent

£53,000

Notes

Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.

NOTICE – RENTERS' RIGHTS ACT 2025. Please take note if

you wish to bid on a property with a tenancy. This Act is in force from 1 May

2026. From that date, all assured tenancies in the private rented sector will

become rolling (“periodic”) tenancies and the current system of fixed term

assured shorthold tenancies will no longer apply. Tenancies signed on or after

1 May 2026 will be subject to the new rules. If you are purchasing a property

currently let on an assured shorthold tenancy, the tenancy may no longer

operate as described in the tenancy schedule or legal pack if completion falls

on or after 1 May 2026. Other changes under the Act also apply. This notice is

for your information only and you should take legal advice before bidding and

review Government Guidance available at: www.gov.uk/government/publications/guide-to-the-renters-rights-act

Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees.

Contact

The property is located on the South side of New Cleveland Street and close to the junction with Spyvee Street.Hull railway station is located approximately 1.4 miles from the property. Nearby retailers include Tesco, Iceland, Heron Foods, and St Stephen’s shopping centre Hull.

Transport

Hull Rail Station - 1.4 Miles

Spyvee Street Bus Stop - 0.2 Miles providing regular services to Hull City Centre.

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If no EPC rating appears please refer to the legal pack.

•Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

•The reserve price is the minimum price at which the property can be sold.

•Both the guide price and reserve price may be subject to change up to and including the day of the auction.

•For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

Please note that all prices listed, whether prior to or post auction, are subject to contract.

The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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