32-44 Bridge Street St Helens Merseyside WA10 1NW

32-44 Bridge Street
St Helens
Merseyside
WA10 1NW

High Yielding Freehold Retail Parade Investment

Six shops arranged over ground and two upper floors
Tenants include a barber shop, a school uniform shop, a restaurant and a dessert/coffee shop
Approximately 16,713 sq ft
Close to Church Square Shopping Centre where retailers include Superdrug, Boots the Chemist, River Island, Greggs and JD Sports
VAT-free Investment

Lot
20
Auction
18th May 2023
Rent
£103,000 per Annum Exclusive
Status
Sold
Price
£920,000
Auction Venue
Live Streamed Auction

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High Yielding Freehold Retail Parade Investment

Six shops arranged over ground and two upper floors
Tenants include a barber shop, a school uniform shop, a restaurant and a dessert/coffee shop
Approximately 16,713 sq ft
Close to Church Square Shopping Centre where retailers include Superdrug, Boots the Chemist, River Island, Greggs and JD Sports
VAT-free Investment

Lot 20
Auction 18th May 2023
Rent £103,000 per Annum Exclusive
Status Sold
Price £920,000
Sector
High Street Retail
Auction Venue
Live Streamed Auction

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 position in the town centre, situated on the north-west side of Bridge Street. The property is 150 yards from an entrance to Church Square Shopping Centre with occupiers including Superdrug, Boots the Chemist, River Island, Greggs and JD Sports. Other nearby occupiers include Nando's, Caffe Nero, Subway, Papa John's and Cineworld.

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

Tenure

Freehold.

Description

The property comprises a parade of six shops arranged on the ground, first and second floors.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

See Legal Pack

Description

The property comprises a parade of six shops arranged on the ground, first and second floors.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

See Legal Pack

Tenancy & Accommodation

Address	Floor	Use	Floor Areas Approx sq m (1)	Floor Areas Approx sq ft (1)	Tenant	Term	Rent p.a.x.	Rent Review
32 Bridge Street	Ground First Second	Retail/Ancillary Retail/Ancillary Retail/Ancillary	111.30 85.33 21.10	(1,198) (918) (227)	BARBERS NO 1 ST HELENS LIMITED (t/a Barbers No1 St Helens) (2)	10 years from 24/11/2020 (2)	£17,500	24/11/2025
34 Bridge Street	Ground First Second	Retail/Ancillary Retail/Ancillary Ancillary	84.30 71.40 16.50	(907) (769) (177)	AN INDIVIDUAL (To be Café/Restaurant)	5 years from 17/03/2023 (3)	£14,000	17/03/2025
36 Bridge Street	Ground First Second	Retail/Ancillary Ancillary Ancillary	92.10 62.40 15.70	(991) (672) (169)	TWO INDIVIDUALS (t/a Vigour Restaurant) (4)	10 years from 08/06/2016 (4)	£10,000	08/06/2024
38 Bridge Street	Ground First Second	Retail/Ancillary Ancillary Ancillary	120.30 15.91 27.00	(1,295) (171) (291)	D WHITTAKER & CO LIMITED (t/a Whittakers Schoolwear) (5)	10 years from 25/12/2016 (5)	£12,000	-
40 Bridge Street	Ground First Second	Retail/Ancillary Ancillary Ancillary	123.00 23.50 16.00	(1,324) (253) (172)	SOLSA LIMITED (t/a Solsa E-Cig and Piercing Boutique) (6)	5 years from 16/03/2021	£17,500	-
42-44 Bridge Street	Ground	Retail/Ancillary	435.52	(4,688)	OPTIMUM GELATO LIMITED (t/a Kaspa's St. Helens) (7)	10 years from 14/09/2017	£32,000	-
42-44 Bridge Street	First/Second	Ancillary	231.40 (1)	(2,491) (1)	VACANT	-	-	-
Total			1,552.76	(16,713)			£103,000 (3)

(1) Areas provided by VOA (www.gov.uk/find-business-rates). 42-44 Bridge Street (First/Second floors) not inspected.
(2) www.barbersno1.co.uk - The lease is subject to a tenant only option to determine on 24/11/2025.
(3) A rent deposit of £4,200 is held by the landlord. The tenant is currently fitting out.
(4) www.vigourkitchen.co.uk - The lease is subject to a tenant only option to determine on 08/06/2024
(5) www.whittakersschoolwear.co.uk
(6) www.facebook.com/sthelensbodypiercing - The lease is subject to a tenant only option to determine on 16/03/2024.
(7) www.kaspas.co.uk.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.