Available
St Helens – Convenience Store, Post Office & Vehicle Repair Garage
235 Clipsley Lane, Haydock, St Helens, Merseyside WA11 0JGVirtual Freehold Convenience Store and Warehouse Investment
Price
£350,000
Rent P.A.
£27,700
Yield
7.91%
Tenure
Leasehold
Lease Term
15 Years
Years Left on Lease
3y 11m
Area
4,021 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Comprises large ground floor Convenience store and Post Office t/a Go Local Extra
- Includes warehouse unit at the rear t/a Vehicle Repair Workshop
- Within close proximity to public transport links and is just a 10 minute drive from St Helens town centre.
Key Features
Tenure
Leasehold
VAT
VAT is not applicable.
Property Description
The property is arranged on ground floor only to provide a convenience store incorporating a Post Office with ancillary accommodation together with a separate industrial warehouse and loading yard, which is located to the rear and separately let. The end terrace industrial unit with B2 use comprises of a roller shutter door accessed via Clipsley Lane, storage area and user facilities including a WC and kitchen.
Ground Floor Shop: 257.60 sq m (2,773 sq ft)
Rear Industrial Unit: 116.00 sq m (1,248 sq ft)
Total area size: 373.60 sq m (4,021 sq ft)
Ground Floor Shop: 257.60 sq m (2,773 sq ft)
Rear Industrial Unit: 116.00 sq m (1,248 sq ft)
Total area size: 373.60 sq m (4,021 sq ft)
Tenancy Description
The shop is at present let to an Individual t/a GoLocalExtra for a term of 15 years from 29th October 2013 at a current rent of £22,000 per annum. The lease contains effectively full repairing and insuring covenants. The warehouse unit is at present let to Auto Rodge Ltd for a term of 10 year from 4th July 2023 at a current rent of £5,700 per annum. The lease contains effectively full repairing and insuring covenants. Deposit is held of £600.
Tenure:
Virtual Freehold. Held for a term of 999 years from 1st April 1913 (thus having approximately 892 years unexpired) at a fixed ground rent of £10 per annum.
Tenure:
Virtual Freehold. Held for a term of 999 years from 1st April 1913 (thus having approximately 892 years unexpired) at a fixed ground rent of £10 per annum.
Tenancies & Accommodation
Location Description
The property is within close proximity to public transport links and is just a 10 minute drive away from St Helens town centre. Haydock is located within the metropolitan borough of St Helens and is located roughly midway between Liverpool and Manchester and lies adjacent to Junction 23 of the M6 Motorway and the East Lancashire Road (A580). The property is situated on the south side of Clipsley Lane (A599), close to its junction with Gardner Avenue.
