18 & 20 Bridge Street St Helens Merseyside WA10 1NW

18 & 20 Bridge Street
St Helens
Merseyside
WA10 1NW

  • 18 & 20 Bridge Street<br>St Helens<br>Merseyside<br>WA10 1NW

High Yielding Freehold Town Centre Shop Investment

  • Comprises two shops let to Subway and a mobile phone repair shop
  • Prominent corner position in town centre
  • Opposite Church Square Shopping Centre with occupiers including Boots the Chemist, Pandora, JD Sports, H&M and Costa
  • Lot
    44
  • Auction
    12/Jul/2022
  • Rent
    £32,500 per Annum Exclusive
  • Status
    Available
  • Price*
    £240,000+
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

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

The property is located in a prominent corner position in the town centre situated on the north-west side of Bridge Street, at its junction with Milk Street. The property is opposite Church Square Shopping Centre with occupiers including Boots the Chemist, Pandora, JD Sports , H&M and Costa. Other nearby occupiers include Specsavers, Caffé Nero and Nando's.

Tenure

Freehold.

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

The property is located in a prominent corner position in the town centre situated on the north-west side of Bridge Street, at its junction with Milk Street. The property is opposite Church Square Shopping Centre with occupiers including Boots the Chemist, Pandora, JD Sports , H&M and Costa. Other nearby occupiers include Specsavers, Caffé Nero and Nando's.

Tenure

Freehold.

Description

The property is arranged on the ground and first floors providing two ground floor shops with ancillary accommodation above.

VAT

VAT is applicable to this lot.

Note

Please note the buyer will pay 1% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

Completion Period

6 weeks completion

EPC

See legal pack.

Description

The property is arranged on the ground and first floors providing two ground floor shops with ancillary accommodation above.

VAT

VAT is applicable to this lot.

Note

Please note the buyer will pay 1% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

Completion Period

6 weeks completion

EPC

See legal pack.

Tenancy & Accommodation

Address Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x.
18 Bridge Street Ground
First
Retail/Ancillary
Ancillary
83.10
66.70
(894)
(718)
F.RASHEED (t/a Tech Fix) 5 years from 23/02/2018 (1)
£15,000
20 Bridge Street Ground
First
Retail/Ancillary
Ancillary
48.10
41.30
(517)
(445)
SUBWAY REALTY LIMITED (2) 10 years from 27/02/2014
£17,500
Total    
239.20
(2,575)
   
£32,500

(1) February 2021 tenant break option not exercised
(2) www.subway.com

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    27.06.22
    File Size
    6 MB
    Login to View
  • Brochure
    Updated Date
    22.06.22
    File Size
    3 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Edward MartinEdward Martin +44 (0)20 7034 4854 +44 (0)7478 673 535edward.martin@acuitus.co.uk
Seller's Solicitors
Structadene Group 3rd Floor, 9 White Lion Street
London
N1 9PD
James Thomson +44 (0)20 7843 9196james.t@pearl-coutts.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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