Description
LARGE EDGE OF TOWN CENTRE RETAIL UNIT AVAILABLE FOR SALE OR TO LET
KEY DETAILS
- Large prominent town centre retail unit.
- Well-maintained and ready to trade from.
- Large service yard / potential car park.
LOCATION
The property is very prominently located on the north edge of the town centre, on an island site bounded by Cotham Street, Baldwin Street and Clayton Street. Immediately adjoining is the Claughton Street Car Park, St Helens College and Sports Direct are within 100 meters of the property. Other nearby retailers include Lidl and Asda.
ACCOMMODATION
Frontage to Baldwin Street: 60 meters.
Ground Floor: 30,370 sq ft (2,823 sq m)
Gross Internal Area. First Floor: 10,620 sq ft (987 sq m) Gross Internal Area.
The ground floor area comprises a large sales area, with goods handling area to the rear and a goods lift. The first floor area comprises a stock room, plus offices and staff welfare areas. The property is capable of being sub-divided.
LEASE/RENT
The property is available for a minimum lease term of 10 years at a commencing rent of £175,000 per annum, exclusive, subject to rent review after 5 years.
PRICE
Alternatively, the freehold is available at a price of £1,500,000.
PLANNING
The property has planning consent for unrestricted retail use under Class E.
BUSINESS RATES
The property has a Rateable Value of £154,000.
CODE FOR LEASING BUSINESS PREMISES
Each party are to be responsible for their own costs incurred in the transaction.
ENERGY PERFORMANCE CERTIFICATE
The unit has an EPC rating of D. An EPC certificate is available upon request.
VAT
All prices and rents are quoted exclusive of but may be liable to VAT.