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Investment, Office, Retail For Sale

  |   Barrow Street, St. Helens, Merseyside, WA10 1RX

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Key Features
  • 2,319 Sq Ft (215.44 Sq M)
  • For Sale: £215,000 for the Long Leasehold
  • Fully let mixed commercial property producing £19,110 net income p.a.
  • Located in the heart of St Helens town centre close to all local amenities
  • 3 commercial units let on an IRI basis with service charge provision
  • All current leases extend to mid/late 2024
Property Description
This purpose built 3 storey commercial property abuts the adjoining premises on Barrow Street and was constructed in the early 1970s for the owners chartered surveying and estate agent practice. In 2015 it was reconfigured to provide 3 separate lettable demises per floor each accessed off a communal stairwell with their own kitchen and WC facilities. The ground floor unit benefits its own garage (accessed from the rear of the premises) which can be used for 2 vehicles or storage purposes. There is a single storey service corridor which extends from the side elevation, running from the front to the rear, and houses the building services which are separately metered by floor/occupier. The 1st floor is served by a GCH system with combi boiler whilst the GF and SF benefit from electric night storage heating. Above the corridor is a fixed fire escape accessed at the rear and serving solely the neighbouring property, for which an annual licence fee is payable, to the owner (currently £60 p.a.). The premises are secured with electric roller shutters and fob activated door entry system to the upper floors.
The premises are situated with direct frontage to the pedestrianised section of Barrow Street close to its junction with Ormskirk Street & Church Street in St Helens town centre. The property is well positioned just off the prime retail pitch of Ormskirk Street with national occupiers including Natwest, Specsavers and Café Nero together with a mixture of estate agents, solicitors, niche food, traditional retailers and leisure operators.