An excellent freehold investment opportunity suitable for a SIPP, currently let to Ladbrokes Betting & Gaming Limited, who have been in occupation for over 50 years. The lease runs until 24 December 2031, with a rent review due in December 2026, giving potential for future rental growth. The tenant’s break option has also been pushed back from December 2026 to December 2029, offering added income security. A solid retail investment with a long-standing tenant and good potential going forward.
Location
Anlaby Road is a residential area to the west of Hull which is well served by a range of local amenities, including supermarkets, convenience stores, takeaways, and independent shops. There are frequent bus services running along Anlaby Road providing easy access into Hull city centre, while road connections link easily to the A63 for travel further afield.
Accommodation
There is currently no access to the upper floor as the staircase has been removed. The ground floor/shop accommodation comprises of:
| DESCRIPTION | AREA (SQM) |
| Ground Floor Retail | 61.3
|
| Ground Floor Kitchen | 3.8 |
| Toilets | 4.2 |
| Total Area | 69.3 |
Business Rates
Current rateable value (1 April 2026 to present) - £7,100.
EPC
C(52) - A copy of the Certificate and Recommendation Report is available in the legal pack
Services
The property is believed to be connected to mains gas, electricity, water and drainage. None of the services or installations have been tested.
VAT
No VAT is applicable to the property.
Viewing
Strictly by appointment with the Auctioneers on 0845 400 9900 or the joint agents Penrose Commercial on 01482 250000.
Tenure
Freehold. The property is sold subject to existing tenancies - please see the legal pack for further details.
Method of Sale
The property will be offered for sale by online auction with bidding commencing at 12 noon on Monday, 25th May 2026 and closing on Wednesday, 27th May 2026 at 1.00 pm. For further legal information relating to this lot, please log on to auctionhouse.co.uk/hullandeastyorkshire.
Conditions of Sale
The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and on-line at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.
Joint Agents
Penrose Commercial, Bridgehead Business Park, Meadow Road, Hessle, East Yorkshire, HU13 0GD. Tel: 01482 250000
Additional Fees
The purchaser will be required to pay an administration charge of 0.3% subject to a minimum of £900 (£750 plus VAT) and a buyer’s premium of £900 (£750 + VAT) in addition to the purchase price of the property.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Solicitors
Pepperells, 100 Alfred Gelder Street, Hull, East Yorkshire, HU1 2AE. Ref: Jessica Mackenzie. Tel: 01482 326 511
