24 bridge street, st helens
TRANSCRIPT
24 Bridge StreetSt Helens
FOR SALE - 24 BRIDGE STREET, ST HELENS
24 Bridge Street, St Helens, WA10 1NW
24 Bridge Street comprises an excellentopportunity to purchase a fully let, retailinvestment opportunity on a prominent retailparade in St Helens town centre.
• 3 Storey Town Centre Retail Property• Investment Opportunity• 135.69 Sq M (1,461 Sq Ft)• Ground Floor Retail• First and Second Floor Ancillary Accommodation• Prominent Town Centre Location• Current Passing Rent £21,500• Approximate Net Initial Yield 9.33%• Potential for Future Redevelopment
Simon Geary 01565 757 977
fishergerman.co.uk
James Clempner 01565 757 972
TOWN CENTRE RETAIL INVESTMENT OPPORTUNITY
LocationThe property is located close to the centre ofBridge Street, a popular, busy shopping paradein St Helens town centre.
Access by foot, vehicle and public transport areall excellent, with the town centre being servedby St Helens Central train station, regular busservices and public car parking.
Description24 Bridge Street is a 3 storey, mid terraceproperty with a striking facade.
The accommodation to the ground floor isarranged as an amusement arcade withancillary storage and WC facilities.
The first and second floor are currently notaccessible, but are included within the demiseto the current tenant.
Tenancy DetailsThe property is subject to a Fully Repairing andInsuring lease. Full details are available uponrequest. A summary of the terms can be foundbelow.
AccommodationApproximate floor area measurements.
Guide Price£225,000 exclusive
TenureThe property is available for sale freeholdsubject to the existing tenancy. Headline leasedetails are provided in these particulars. A copyof the lease can be made available to interestedparties should matters progress.
ServicesWe understand that mains electricity, water anddrainage are connected as well as a telephoneline and broadband.
The agents do not test any of these services andinterested parties should make their ownenquiries into the connection and adequacy ofthese.
All utilities are the responsibility of the currenttenant.
Service ChargeThere is not currently a service charge payableby the tenant.
Legal CostsEach party will be responsible for their own legaland professional costs associated with thetransaction.
Business RatesThe current rateable value is £19,500, assessedas an Amusement arcade and premises.
Business rates are the responsibility of thecurrent tenant.
EPCEnergy Performance Rating is currently pending.
Money LaunderingThe successful Tenant will be required to submitinformation to comply with Money LaunderingRegulations.
VATUnless otherwise stated, all prices and rentsquoted are exclusively of Valued Added Tax(VAT). Any intending tenant should satisfythemselves independently as to VAT in respectof this transaction.
ViewingsStrictly by prior arrangement with the agent.
Sq M Sq FtGround Floor 135.69 1,461First Floor ACCESS NOT AVAILABLESecond Floor ACCESS NOT AVAILABLETotal 135.69 1,461
Tenant Reel Leisure LtdTerm Commencement 1 December 2003Term Expiry 30 November 2023Passing Rent £21,500Rent Reviews 5 yearly (none
remaining)Break Options None
Locations
● Liverpool 13 miles
● Warrington 10 miles
● A580 1.5 miles
Approximate Travel Distances
Nearest station
● St Helens Central 0.4 miles
Nearest Airports
● Liverpool 14 miles
Please note: Fisher German LLP and any Joint Agents givenotice that: The particulars are produced in good faith areset out as a general guide only and do not constitute orform any part of an offer or any contract. No personwithin Fisher German has any authority to make orgive representation or warranty on any property.
FOR SALE - 24 BRIDGE STREET, ST HELENS
Sat Nav Post Code
● WA10 1NW
Licence Number - 100022432 Not to Scale