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
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.
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.
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.
