43 Church Street St Helens Merseyside WA10 1AX

43 Church Street
St Helens
Merseyside
WA10 1AX

Freehold Retail Investment

Entirely let to Claire's Accessories UK Ltd until 2021
Prominent position on prime pedestrianised retail thoroughfare
Located some 20 metres from Church Square Shopping Centre and Hardshaw Shopping Centre
Nearby occupiers include Marks & Spencer, New Look, Clarks, McDonald's and Halifax

Lot
50
Auction
18th October 2011
Rent
£64,000 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Interested?

Expand
Photos
Map

Freehold Retail Investment

Entirely let to Claire's Accessories UK Ltd until 2021
Prominent position on prime pedestrianised retail thoroughfare
Located some 20 metres from Church Square Shopping Centre and Hardshaw Shopping Centre
Nearby occupiers include Marks & Spencer, New Look, Clarks, McDonald's and Halifax

Lot 50
Auction 18th October 2011
Rent £64,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector
High Street Retail
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 12 miles east of Liverpool, 25 miles west of Manchester
Roads: A580, A570, M6, M62, M57
Rail: St Helens Central
Air: Liverpool John Lennon Airport

Situation

The property is situated in a prominent location on the northern side of the pedestrianised Church Street. The property benefits from its proximity to Church Square Shopping Centre which houses occupiers such as Top Shop, Clinton Cards, Boots and Bhs, and Hardshaw Shopping Centre which houses occupiers such as Marks & Spencer, Argos, Holland & Barrett and T J Hughes Department Store. Other nearby occupiers include New Look, Clarks, McDonald's and Halifax.

Tenure

Freehold.

Location

Miles: 12 miles east of Liverpool, 25 miles west of Manchester
Roads: A580, A570, M6, M62, M57
Rail: St Helens Central
Air: Liverpool John Lennon Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with ancillary accommodation on first and second floors.

NB
The adjacent property, 45 Church Street, is being offered as Lot 46 in this catalogue.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor retail unit with ancillary accommodation on first and second floors.

NB
The adjacent property, 45 Church Street, is being offered as Lot 46 in this catalogue.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground First Second	Retail Storage/Ancillary Retail	84.53 sq m 61.87 sq m 77.95 sq m	(910 sq ft) (666 sq ft) (839 sq ft)	CLAIRE’S ACCESSORIES UK LTD (1)	10 years from 25/03/2011 until 24/03/2021 on a full repairing and insuring lease	£64,000	25/03/2016
Totals		224.35 sq m	(2,415 sq ft)			£64,000

(1) For the year ending 30th January 2010, Claire's Accessories UK Limited reported a turnover of £143,114,000, pre-tax profits of £4,860,000 and a net worth of £18,284,000. (Source: www.riskdisk.com 20/09/2011)
(2) The tenant is currently benefiting from a rent free period due to expire on 24th March 2012. The seller has agreed to adjust the completion monies so that the property will effectively produce £64,000 from completion of the sale.