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Sold
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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 Cash Company Group Limited on a five year lease expiring 09.09.2029 and paying £20,000 per annum and includes a Guarantee Agreement plus a rent deposit of £9,600.
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 Cash Company Group Limited on a five year lease expiring 09.09.2029 and paying £20,000 per annum.
The lease includes fixed annual uplifts in rent, but from completion the Vendor wil "top up" the rent to £20,000 per annum.
The lease includes a Guarantee Agreement with Halcyon Exchange Limited as a Guarantor. We understand a rent deposit of £9,600 is held.
Rent
Notes
We understand the property is elected for VAT.