Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail/leisure investment occupying a prime pedestrianised pitch.
Arranged across ground and first floors, the property is let to Three's Company (Catering) Limited t/a The Coffee House on a 10 year lease expiring 31.03.2032 and paying £36,000 per annum.
The property occupies a prime pitch on the pedestrianised Church Street, the principal retail amenity in St Helens, the surrounding area is characterised by a number of national retailers including Card Factory, Costa and McDonalds, the entrance to Lagrange Arcade is immediately opposite.
Tenure
Freehold
Tenancy
The property is let to Three's Company (Catering) Limited t/a The Coffee House on a 10 year lease expiring 31.03.2032 and paying £36,000 per annum.
The lease is on full repairing and insuring terms and includes a rent review and tenants break option in March 2027.
Three's Company (Catering) Limited
The tenant is a well established operator of coffee shops with 15+ locations throughout the north west. Furthermore the tenant also acts as a supplier to other independent shops.
Rent
Notes
Please note an area of the adjacent property extends above the subject property at first floor level. This area is not included in the sale and is subject to a lease to the adjacent tenant - New Look. Please see the legal pack for more information.