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College Street, St. Helens

Key features

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

Description

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 10.3% 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 has recently had works done to electrics and roof's in some of the units. 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 MOT test station on a 10 year lease from 28/01/2024 with rent reviews set every 3 years and a rent of £14,308.80 per annum

Unit 2 - Currently a garage on a 10 year lease from 28/10/2023 with year rent reviews with a current rent of £5199.96 per annum.

Unit 3 - Currently a garage on a 5 year lease from 1/10/2022 at a rent of £10,400 per annum.

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 with a 10 year lease from 25/11/2021 with yearly rent reviews with a current rent at £17680 per annum.

Unit 6 - Currently a garage on a 3 year lease from 20/10/2023 with yearly rent reviews and a current rent of £10,399.92.

General - The current income for the six units is £67,036.68. Recent works have been done to electrics and roof's in some of the units.

Brochures

College Street, St. HelensBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

College Street, St. Helens

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About John Brown Estate Agents, St Helens

14 Claughton Street, St. Helens, WA10 1RS
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

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 each client has different needs and our dedicated and experienced staff strive to ensure that every property transaction is as stress free as possible.

Our offices in St Helens and London are well placed to provide unrivalled coverage in and around Merseyside and London. We are also members of the Move With Us network with over 1000 offices Nationwide.

We love what we do, our motivated and proactive team are passionate about property. We pride ourselves on our customer service, expertise and professionalism along with genuine advice and guidance.

Sales, Lettings, Property Management, Commercial, Auctions, Mortgages and Conveyancing - all of your property requirements under one roof!

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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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