Home > Auctions > 28 & 29 July 2026 28 July 2026 - 9:00am > Lot 210

28 & 29 July 2026: Tuesday 28 July 2026 - 9:00am
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    Key features

    • To be offered on Wednesday 29 July
    • A Portfolio of Buildings Arches and Land
    • Located in North-West England
    • Eight Sites of Mixed Occupancies
    • Two Sites Vacant, One Part-Let and Five Fully Let
    • Evident Value-Add/Asset Management Potential
    • Investment Let at £54,794 p.a. (18.25% GIY on Guide Price)
    • ERV of £70,000 p.a. Reflects 23% Gross Yield on Guide

    Description

    The sale comprises a Portfolio of eight sites with evident value-add opportunities.

    Arranged as eight sites comprising a mix of buildings, rail arches and land, the portfolio is let on a mix of occupancies, with five sites fully let, one site part-let and two vacant, producing a current rent of £54,794 per annum.

    Lot A comprises two rail arches at Plevna Street, Bolton - Let on a single lease at £10,561 per annum

    Lot B comprises land and three rail arches at Suez Street, Newton-Le-Willows - Vacant

    Lot C comprises part of Rainhill Station Building - Let on a lease expiring 2049 at £5 per annum

    Lot D comprises six rail arches at Station Road, Kirkham - Two Arches let at a total £18,252 per annum with the remaining arches vacant

    Lot E comprises a land parcel at Station Lane, Preston - Vacant

    Lot F comprises a large viaduct arch at Preston Ribble - Let to Preston City Council on a lease expiring 2037 at £202 per annum

    Lot G comprises a former station building at Liverpool Road, Birkdale - Let to a cafe* on a lease expiring 2032 at £13,500 per annum.

    Lot H comprises a former station building at St Helens Junction Station - Let to a cafe on a lease at £12,274 per annum*. Note the property includes ancillary residential accommodation which is occupied by the tenant under the lease.

    Please see the accommodation & tenancy schedule and Legal Pack for more information.

    We consider the property offers a number of value-add opportunities, in particular via letting of the vacant spaces to create a diverse, high-yielding, investment. Several properties may also benefit from development potential (subject to obtaining the requisite consents).

    Additional information

    Tenure

    Leasehold - Approx. 143 Years Unexpired - Please Refer to Legal Pack

    Rent

    £54,794 per annum

    Notes

    *Lot G - Please note the tenant entity is dissolved, but we understand the tenant still occupies the premises in a personal capacity.


    *Lot H - The lease refers to a three year open market review, but the Seller has reviewed the rent in line with RPI annually since it acquired the property in 2019. The Landlord does not hold a copy of an agreement or variation documenting the change to the review mechanism within the lease, but believes it may have been previously agreed between the previous own and the tenant prior to the Seller's acquisition of the property. The Tenant has accepted the RPI review throughout the Seller's period of ownership and not raised any objection.


    Please note any areas provided are approximate and are not to be relied upon. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been inspected by Savills. Prospective purchasers must rely upon their own enquiries. Please refer to the legal pack. 

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        Site Plans (Indicative) -

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        Accommodation / Tenancy Schedule

        Local information

        Legal documents

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        EPC rating

        If no EPC rating appears please refer to the legal pack.

        Guide prices and common auction conditions

        •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

        •The reserve price is the minimum price at which the property can be sold.

        •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

        •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

        Please note that all prices listed, whether prior to or post auction, are subject to contract.

        The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

        The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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