City Centre Shopping investment and development opportunity

The property is located in the retail centre of Hull with close links to the A1079 Ferensway, close to Hull Railway Station. The property comprises a covered shopping centre totalling 256,985 sq ft with 227,470 sq ft of retail space. The building was completed in 1975 with a food court added in 1990. Anchor tenants include Boots, Currys.digitial, WHSmith & Wilkinson. The Centre extends to approximately 323,500 sq ft of accommodation over one principal trading level including 30,700 sq ft of vacant office accommodation and provides approximately 50 retail units of varying sizes with a landlord controlled 180-space car park. The top 5 sources of income across the Prospect Centre are responsible for 45% of the total headline rent pa. Numerous reconfiguration and development extension opportunities to residential/office/alternative use within the current ownership.