Parkinson Property Consultants Ltd, Wigan

Ena Works, Duke Street, St. Helens, Merseyside, WA10

£1,275,000

Size

15,162

Tenure

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EPC

Parking

28

Primary use
Other

No floor / site plan

Key features

  • 3 floors redeveloped in 2023/24 to the highest specification.
  • £248,657 ERV (adopting achieved rate of £16.40 psf)
  • Located in the Town Centre which is undergoing regeneration.
  • 15,162 sqft of workspaces, retail or hospitality
  • Rare opportunity to acquire a multi-let investment with excellent growth potential

Description

The property is a substantial mid-century, three storey commercial building on Duke Street, refurbished to a high modern standard and currently operating as a flexible workspace and mixed-use investment property. The ground floor is arranged as two self-contained retail units, both currently occupied by two established & linked tenants: a tattoo artist and a training academy. One unit benefits from prominent frontage onto the busy Duke Street, while the other fronts Volunteer Street in a well-established retail location. Both units include their own WC and kitchen facilities.

Ena Works itself is accessed via a private gated entrance from the side car park. The first and second floors provide 13 modern office suites, resident desk and hot desking areas, a boardroom for up to 10 people and two smaller one-to-one meeting spaces. These floors also benefit from shared WC and kitchen facilities, full door access control and highspeed broadband/Wi-Fi throughout. The building is concrete framed with concrete floors throughout, external brick elevations and a mainly flat roof with a pitched roof section to the front. There is a lift within the building, which would benefit from upgrading and refurbishment. Externally, the property benefits from a 28-space car park, with passive income, and additional two hour parking available nearby plus several pay and-display car parks within a short walk. The sale also includes the established Ena Works brand and associated assets, including the website (enaworks.space) and social media accounts. At around 70% occupancy, with established businesses already invested in their spaces, Ena Works offers a strong existing income base with clear opportunity for further growth through the letting of remaining suites and the development of the resident desk and hot desking model.

3 floors redeveloped in 2023/24 to the highest specification.

£248,657 ERV (adopting achieved rate of £16.40 psf)

Located in the Town Centre which is undergoing regeneration.

15,162 sqft of workspaces, retail or hospitality

Rare opportunity to acquire a multi-let investment with excellent growth potential
Parkinson Property Consultants Ltd, Wigan

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Energy performance certificate: C

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Brochure

Ena Works, Duke Street, St. Helens, Merseyside, WA10

NEAREST STATIONS

National Rail

St. Helens Central Station

0.44 miles

National Rail

Thatto Heath Station

1.52 miles

National Rail

Lea Green Station

2.1 miles

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Disclaimer - Property reference 11549FH. 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 Parkinson Property Consultants Ltd, Wigan. 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.