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·      A portfolio of three food stores located in one of the UK’s leading coastal tourist destinations
·      Previously, the long term business of the Proudfoot Group, Scarborough’s leading foot retailer for over 80 years with national award winning units
·      Acquired by Tesco Stores
·      All stores let on 20 year terms from 7 October 2026 with NO TENANT BREAKS
·      RPI Rent Reviews (1% and 3% collar and cap)
·      Total initial rental income £540,000
·      Potential rental growth to £841,302 per annum from October 2041 (assuming cap of 3% per annum)
·      Freehold

The Tesco (Proudfoot) Portfolio

Investment

£9,200,000

Details

Attractive retail unit with first floor flat above | Very busy and much sought after retail location | Bustling daytime and evening trade | Available on a new lease | Very competitive rent

133 Newland Avenue, Hull

Retail

629sqft

£17,500 (Ground floor and first-floor flat)

Freehold - Co-operative Group Food Limited FRI lease recently renewed for 15 years following previous 25 year lease

44-46 Newlands Park Drive, Scarborough

For Sale

Investment

£565,000

Two interconnecting retail / trade units | Busy market town location | Excellent on site parking with dedicated spaces | Located adjacent to a large Lidl supermarket | Available on a new lease

Unit Y and Z, The Spencer Centre, Driffield

To Let

Retail

1,120sqft

£15,000pa each

Industrial Unit | Part of a well-established industrial estate | Parking included | Strategic location

Unit A2, Grovehill Industrial Estate, Beverley

To Let

Industrial

1,769sqft

£12,500

Very attractive Victorian Building | Located in the heart of the Old Town Conservation Area | Refurbished and extended by the landlords, Hull Trinity House | Very attractive conservatory extension | Two independent one-bedroomed apartments to the first and second floors (available
by separate negotiation) | Available on new minimum 5 year lease

21 Posterngate, Hull

To Let

Retail

715sqft

£13,000

Attractive retail property |
Highly visible location |
Close proximity to Cottingham Green

97 King Street, Cottingham

To Let

Retail

1,409sqft

£22,500

Double fronted unit | Located on a main arterial route | Well established retail area | Available on a new lease

256-258 Holderness Road, Hull

For Sale

Retail

2,065sqft

£ Available on request

The property comprises of accommodation over five floors with the main
accommodation being ground and first floor with storage to the second floor.
Further accommodation is available to the third floor and attics.
The ground floor sales area is predominantly open plan. To the first floor is a
range of storage and staff areas which could be opened up again to create a
large open plan area, which was once a grand ballroom. Any allterations may be
subject to planning permission/Listed building consent.

10-12 Whitefriargate, Hull

To Let

Retail

9,637sqft

£ Available on request

Various units | Range of sizes | Available on a new lease

Various Units, Whitefriargate, Hull

To Let

Retail

10,000sqft

£ Available on request

Double fronted unit | Located on a main arterial route | Well established retail area | Available on a new lease

256-258 Holderness Road, Hull

To Let

Retail

2,065sqft

£17,500

Excellent retail unit | Very busy trading location close to a number of multiple traders | Ideal for many types of use | Available on new lease

18-20 Broadway, Ashby, Scunthorpe

To Let

Retail

816sqft

£15,000

Leases expire December 2045 (NO BREAKS)

MKM, Springfield Way, Anlaby, HU10 6RJ

For Sale

Investment

£5,500,000

Trinity House Chambers, Hull

To Let

Office

472-2,142sqft

From £4,250 to £5,400pa

Pearl Assurance House, Hull

To Let

Office

732 - 2,411sqft

£5,500pa per floor

17a Whitefriargate, Hull

To Let

Office

913sqft

£8,500

Development land

Burton Waters

For Sale

Land

Offers Invited

Development land - outline planning permission for dwellings

Pinkney's Lane

For Sale

Land

Offers Invited

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