No longer on the market
This property is no longer on the market
Floorplan
MapProperty
Sold STC
Property
7244
Features and description
- An excellent investment opportunity in St Helens, a commercial building which is currently let to Ladbrokes
- Excellent occupancy rate with a long term tenant in place
- Further possible development potential with the building sat on a large plot and site could be added too or redeveloped
- New 5 year lease just signed with an annual rent of £13250
- Unit is two stories with a shop frontage, kitchen and toilet facilities on the ground floor with an array of office space on the first floor
- Located in an excellent position on Elpehant Lane surrounded by other shops and units which include Betfred, Nisa local and Heaths pharmacy
- The area is undergoing huge redevelopment with Bloors Suttonfields housing estate close by
Presenting a compelling investment opportunity in the bustling town of St Helens, this commercial building located on Elephant Lane offers a lucrative proposition for discerning investors. Currently occupied by Ladbrokes, a renowned tenant, the property boasts an excellent occupancy rate, ensuring a steady stream of income. The recent signing of a new 5-year lease with an annual rent of £13,250 further solidifies the property's appeal as a stable investment option.
The building, set on a sizeable plot, not only benefits from its existing tenant but also presents potential for additional development opportunities. With the possibility to expand the existing structure or embark on a full-scale redevelopment project, prospective investors have the chance to maximise the property's potential and increase its value over time.
Comprising two stories, the unit features a shop frontage, well-equipped kitchen, and toilet facilities on the ground floor, catering to a variety of commercial needs. The first floor offers a range of office spaces, providing flexibility for different business requirements. Situated in a prime location on Elephant Lane, the property is surrounded by a vibrant mix of shops and units, including prominent establishments like Betfred, Nisa local, and Heaths pharmacy, enhancing its visibility and accessibility within the local commercial landscape.
The area is undergoing significant redevelopment, with the Bloors Suttonfields housing estate nearby, signalling a positive trajectory for growth and investment potential in the vicinity. As such, this property not only offers a stable income stream but also presents a strategic opportunity to capitalise on the evolving dynamics of the surrounding area.
In summary, this commercial property on Elephant Lane presents a compelling investment package with a reliable long-term tenant, potential for further development, and a strategic location at the heart of a dynamic commercial hub. For investors seeking a secure and forward-looking investment opportunity in the vibrant town of St Helens, this property stands out as a promising choice with an array of possibilities for growth and value appreciation in the coming years.
The building, set on a sizeable plot, not only benefits from its existing tenant but also presents potential for additional development opportunities. With the possibility to expand the existing structure or embark on a full-scale redevelopment project, prospective investors have the chance to maximise the property's potential and increase its value over time.
Comprising two stories, the unit features a shop frontage, well-equipped kitchen, and toilet facilities on the ground floor, catering to a variety of commercial needs. The first floor offers a range of office spaces, providing flexibility for different business requirements. Situated in a prime location on Elephant Lane, the property is surrounded by a vibrant mix of shops and units, including prominent establishments like Betfred, Nisa local, and Heaths pharmacy, enhancing its visibility and accessibility within the local commercial landscape.
The area is undergoing significant redevelopment, with the Bloors Suttonfields housing estate nearby, signalling a positive trajectory for growth and investment potential in the vicinity. As such, this property not only offers a stable income stream but also presents a strategic opportunity to capitalise on the evolving dynamics of the surrounding area.
In summary, this commercial property on Elephant Lane presents a compelling investment package with a reliable long-term tenant, potential for further development, and a strategic location at the heart of a dynamic commercial hub. For investors seeking a secure and forward-looking investment opportunity in the vibrant town of St Helens, this property stands out as a promising choice with an array of possibilities for growth and value appreciation in the coming years.
About this agent
Ashtons is a Family run Estate Agency. The first office opened February 2005 in Padgate, Warrington. From the strength of our reputation and success within the industry our business has grown organically and dramatically. Past Ashtons has been operating since 2005 and over the years has earned a reputation as one of the largest, most innovative and well known independent estate agents in the North West. From Warrington to Wigan and St Helens to Stockton Heath, our estate and letting agents operate in the most fashionable, desirable and sought after areas. With a tight knit team working together throughout all of our offices, we are ideally positioned to offer a range of services that extend well beyond simple sales and lettings, such as property management, refurbishment advice and regular up-to-date feedback on the progress of your property listings. Present As a company, we intend to grow. Not just one office every couple of years, we want to grow at a rate which leaves others behind. Even through tough market conditions and painful times we have pushed boundaries like no other, our team of experienced staff have developed new skills and strategies to keep the local markets moving, kept clients up-to-date by using the latest improvements in technology and ensured that all property transactions go as smooth as possible. We are a modern Estate Agency, which in this industry is particularly rare. We continue to develop and embrace new technologies such as our state of the art website, mobile application which helps viewers on the move and our inter-linked software systems where each member of staff can share, match and develop each individual from any location. People Without quality, professional and punctual employees a business can often amount to nothing. Our highly skilled staff are experts in all all areas in which they work. Through training and experience, their skill sets are growing and we cover a range of industry specifics ranging from basic appraisals to estate valuations, energy assessing to property management. With a growing portfolio and plans to expand, we are always on the look out for potential candidates. We match the right people to their perfect role to ensure that our business is functioning at its maximum efficiency.