Health Assessment Advisory Centre Manor House, 3 Cowley Street St. Helens Merseyside WA10 2SX

Health Assessment Advisory Centre
Manor House, 3 Cowley Street
St. Helens
Merseyside
WA10 2SX

Freehold Medical Centre Investment

Let to The Secretary of State for Communities and Local Government
New 10 year lease from April 2018 (subject to option)
CPI linked Rent Review in April 2023 (compounded annually)
Corner site with car parking for approximately 10 cars
Future redevelopment potential (subject to lease and consents)
Predominantly residential location

Lot
16
Auction
24th May 2018
Rent
£19,601 per Annum Exclusive
Status
Sold
Price
£300,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Freehold Medical Centre Investment

Let to The Secretary of State for Communities and Local Government
New 10 year lease from April 2018 (subject to option)
CPI linked Rent Review in April 2023 (compounded annually)
Corner site with car parking for approximately 10 cars
Future redevelopment potential (subject to lease and consents)
Predominantly residential location

Lot 16
Auction 24th May 2018
Rent £19,601 per Annum Exclusive
Status Sold
Price £300,000
Sector
Medical Centre/Doctors, Healthcare
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 11 miles north-east of Liverpool City Centre, 20 miles west of Manchester City Centre
Roads: A58, A571, A580, M6 (Junction 23), M62 (Junction 7)
Rail: St Helens Railway Station
Air: Liverpool John Lennon Airport

Situation

The property occupies a prominent corner position at the junction of Cowley Street and College Street (A571), less than a mile north St Helens town centre. The surrounding area comprises predominantly residential accommodation. Nearby commercial occupiers include Jewson, Speedy Depot, Post Office and a number of independent occupiers.

Tenure

Freehold.

Location

Miles: 11 miles north-east of Liverpool City Centre, 20 miles west of Manchester City Centre
Roads: A58, A571, A580, M6 (Junction 23), M62 (Junction 7)
Rail: St Helens Railway Station
Air: Liverpool John Lennon Airport

Situation

Tenure

Freehold.

Description

The property comprises a purpose built medical centre, benefiting from a well sized reception area, four examination rooms, canteen facilities and WC. The property benefits from permitted use as offices, a job centre or a medical assessment centre.

VAT

VAT is applicable to this lot.

EPC

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

Description

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	Review
Ground	Medical Centre - Examination Rooms, Reception, Canteen	235.04 sq m	(2,530 sq ft)	THE SECRETARY OF STATE FOR COMMUNITIES AND LOCAL GOVERNMENT (1)	10 years from 01/04/2018 until 31/03/2028 (2) on a full repairing and insuring lease	£19,601	01/04/2023 (3)
Total		235.04 sq m	(2,530 sq ft)			£19,601

(1) Centre for Health and Disability Assessments provides a service assessing the eligibility for benefits of people who are out of work due to long-term illness, or as a result of a disability or health condition, on behalf of the Department for Work and Pensions (DWP) (Source: www.chdauk.co.uk 17/04/2018).
(2) The lease is subject to a tenant option to determine on 31st March 2023.
(3) The rent is reviewed every 5 years to CPI and is compounded annually.