Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment with asset management potential.
Arranged as a ground floor retail unit, the property is let to a tenant trading as a vape shop on a six year lease expiring February 2026 and paying £7,280 per annum. We consider the property offers asset management potential via renewal of the lease and improvement of the rent.
The property occupies a prominent pitch with a frontage to Junction Lane, one of the principal local retail streets for the surrounding residential area. The street forms one of the main thoroughfares for accessing St Helens Junction Station and therefore benefits from high footfall.
Tenure
Leasehold - 999 Years - Peppercorn Rent
Rent