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COMMERCIAL

College Street, St. Helens

£800,000
John Brown Estate Agents, St Helens
PROPERTY TYPE
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Key features

  • Investment Opportunity
  • Six Individual Commercial Units
  • All Tenanted
  • 8% Yield Currently
  • Great Potential
  • Close to Town Centre
  • Viewing Highly Recommended
  • EPC: TBC

Property description

Tenure: Freehold

We are pleased to announce for sale this fantastic investment opportunity to purchase a freehold site which currently has six different commercial units all with tenants in place. The current yield is just over 8% based on the asking price but has potential for an increase in the future. The owner has advised the whole site is all on one deed which would make a purchase easier and is sold as seen. Viewing is highly recommended to appreciate the size and potential for the properties and can be arranged through our office or by calling .

Unit 1 - Currently a garage and has been a tenanted since October 2013. Current rent is £14,959.92 per annum but with no lease in place.

Unit 2 - Currently a garage and has been tenanted since 1989. Current rent is £8,581.08 per annum but with no lease in place.

Unit 3 - Currently a flight loft and has been tenanted since July 2014. Current rent is £4,783.80 per annum but with no lease in place.

Unit 4 - Currently a tyre garage and has been tenanted since May 2015. Current rent is £9,048 per annum but with no lease in place.

Unit 5 - Currently a car wash and has been tenanted since July 2019. Current rent is £16,640 per annum on a four year lease.

Unit 6 - Currently a garage and has been tenanted since February 2021. Current rent is £10,399.92 per annum with a five year lease.

General - The current income for the six units is £64,412.72 and the owner has advised that the current tenants who are not on lease agreements would be happy to sign new leases.

Brochures

College Street, St. HelensBrochure

College Street, St. Helens

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • St. Helens Central Station0.4 miles
  • Thatto Heath Station1.7 miles
  • Lea Green Station2.2 miles

About the agent

John Brown Estate Agents, St Helens

14 Claughton Street, St. Helens, WA10 1RS

A Tradition of Trust!

Started in 1946 as a family firm, the Company is still run by a local family who provide an integral part of the marketing of our properties along with our dedicated and experienced staff. When appointing John Browns to sell your property you will have all the benefits of a traditional experienced Estate Agency along with modern selling methods.

Our aim is to exceed your expectations by ensuring that the service received is rewarding and we understand that ea

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Industry affiliations

Notes

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Disclaimer - Property reference 31099580. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by John Brown Estate Agents, St Helens. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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