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  • Unit 1
  • Unit 1
  • Unit 1

Under Offer - For Sale

Unit 1, Rear Of Cross House, Sutton Road, St Helens, Merseyside, WA9 3DR

OIRO £165,000

  • Industrial Investment
  • Well Established Industrial Location
  • Total Approx GIA: 363.8 sq.m (3,916 sq.ft)
  • Net Initial Yield of 8.4% (after deducting purchasers costs at 1.98%)

Industrial Investment

Location
The premises are situated behind Cross House, fronting onto Sutton Road, within close proximity to St Helens Linkway (A570), the main arterial route into St Helens Town Centre, approximately 2 miles northwest of the subject premises. The immediate surrounding area consists of a variety of industrial buildings and residential buildings

The Property
The premises consists of a steel portal frame warehouse/workshop of breeze block construction with external profile cladding under a pitched roof. Internally, the premises benefits from concrete floors, fluorescent strip lighting, alarm system and three-phase electric supply currently trading as a glass manufactures. Externally, the front elevation of the premises incorporates roller shutters, with a service yard to the front of the premises of hard standing for shared vehicular access.

Accommodation
We have measured the premises in accordance with the RICS Code of Measuring Practice (6th Edition) to provide the following approximate areas and dimensions:

Gross Internal Area: 363.8 sq.m (3,916 sq.ft).

Tenure
It is understood that the premises are held by way of a long lease from St Helens Council, for the residue term of 250 years, commencing in 1934 with a peppercorn ground rent.

Further details are available upon request.

Tenancy Information
To be sold with the benefit of a Sale and Lease back for a Term of 10 years with a 5 year Tenant only break clause an average rent of £14,100 per annum, for a Term to be agreed.

EPC
Full report available upon request.

Rates
We understand through internet enquires the premises has rateable value of £10,250. Interested parties should make their own enquiry St Helen`s Council`s Rating Department on 01744 676789 or www.voa.gov.uk/business rates.

Price
Offers in the region of £165,000.

Viewings
Strictly by appointment via the sole agents SK Real Estate (Liverpool) Ltd Tel: 0151 207 9339 / Contact: Tom Pearson (tom.pearson@skrealestate.co.uk)

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own research into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Listed By:

SK Real Estate
2 Cotton Street,
Liverpool, L3 7DY
Tel: 0151 207 9339
Email: commercial@skrealestate.co.uk

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