For Sale

48-50 Ormskirk Street, St. Helens, WA10 2TF

£325,000.00

Description

48-50 Ormskirk Street, St. Helens, WA10 2TF

  • The property comprises of four floors each with its own commercial tenant on. The income rentals can be seen on the brochure.
  • Tenants are not affected
  • Existing Tenants have been in occupation for a significant time
  • All tenants have carried out their own fit-outs

 

Location

The property is on Ormskirk Street in St Helens. The property is in close proximity to Church Street and minutes walk from Church Square Shopping Centre. St Helens Collage is situated within very close proximity. Neighbouring occupiers include Sports Direct, HSBC, Caffe Nero and Game and Nandos.

 

Tenancy Details 

Basement – 6 Year Lease commencing 10/9/2020 – £310 pcm – £3,720 pa

Ground Floor – 2 Year Lease commencing 1/3/2022 – £700 pcm – £8,400 pa

First Floor – 3 Year Lease commencing 3/5/2020 – £610 pcm – £7,320 pa

Second Floor – 1 Year and 6 month Lease commencing 11/4/2022 – £500 pcm – £6,000 pa

Total Income – £2,120 per month – £25,440 per annum 

 

Tenure 

Freehold

 

Legal Costs

Each party is responsible for paying their own legal costs

 

Price 

£325,000 exclusive of VAT (We understand there is no VAT payable)

£325000

Location