Ladbrokes Ltd, 28 Elephant Lane, Thatto Heath, St. Helens
£42.88 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,332 sq ft
217 sq m
- SECTOR
Commercial property for sale
Key features
- High Yielding Retail Investment
- Let to the Undoubted Covenant of Ladbrokes
- Long Standing Occupier of 20+ Years
- Recently Renewed Five Year Lease
- 2,332 sq ft (216.6 sq m)
- Large Site with Development Potential (subject to consents)
- Investment Let at £13,250 p.a. (13.25% GIY on Guide Price)
Description
Arranged as a ground floor retail unit with offices to the first floor, the property is fully let to Ladbrokes, a long standing occupier of 20+ years, on a recently renewed five year lease and paying £13,250 per annum.
The property occupies a large site and includes substantial upper parts. We therefore consider the property may be suitable for redevelopment or conversion to alternative uses, including residential (subject to the existing lease and any requisite consents)
The property occupies a prominent pitch with a frontage to Elephant Lane and forms part of the principal local retail amenity for the surrounding residential area.
Brochures
Ladbrokes Ltd, 28 Elephant Lane, Thatto Heath, St. Helens
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Thatto Heath Station0.1 miles
- Eccleston Park Station1.0 miles
- Rainhill Station1.3 miles
Notes
Disclaimer - Property reference 6DB7B166-FBA2-4AFE-B17C-3AC168999BEF. 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 Savills, Savills, Auctions. 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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