Available
| Property Type | Investment |
| Availability | For Sale |
| Size | 3348 sqft |
| Energy Performance Rating | This property has been graded as D 84 |
McColl's Convenience Store
LOCATION
St Helens is a major industrial and commercial centre with a population of some 106,000 and comprises part of the extensive Merseyside conurbation. Liverpool lies within 12 miles to the west and Manchester 30 miles to the east. There are excellent road transport communications being between the M6 and M62 motorways, both of which are within approximately 5 miles. The property is situated in Parr, a residential suburb 2.5 miles west of St Helens city centre. The store is situated in a densely populated residential area and surrounded by abundant of housing.
KEY POINTS
- Convenience store located in a densely populated residential area
- Dominant stand alone unit
- Let for 16.5 years with no breaks to the excellent covenant Martin McColl Limited
- Total current rents reserved £30,904 per annum rising to £37,672 per annum in November 2029
- Fixed uplifts at 2% pa throughout
- Net initial yield of 6.25% with a reversionary yield in April 2024 to 6.9%
- Offers in excess of £473,000
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VIEW SHORTLIST
Download McColls Parr Fleet Lane_V2.pdf
Download Lease.pdf
Download Official Copy (Title Plan) - MS320838.PDF
Download EPC.pdf
Viewing & Further Information
For further information, or if you would like to arrange a viewing, please contact our agents:
Nick Sherling
020 7478 9113
CONTACT AGENT