Westside Industrial Estate, Jackson Street, St Helens WA9 3AT

Saint Helens, WA9 3AT

Sold

Price £750,000

Rent (pa) £77,100

Yield 9.75%

Investment Summary

Multi let reversionary industrial investment opportunity in St Helens, Merseyside
Located on the established Westside Industrial Estate c. 1 mile southeast of St Helens town centre
Well located to access Junction 23 of the M6 Motorway and Junction 7 of the M62 Motorway
The estate comprises 8 light industrial units across 2 terraces
Total floor area of 19,200 sq ft
Site area of 1.11 acres providing a low site cover of 44%
Let to long standing tenants who have been in occupation for over 20 years
Total rental income of £77,100 pa (£4.02 psf) Estimated rental value of £192,000 pa (£10.00 psf) following full refurbishment
Long leasehold (82 years unexpired) at a peppercorn ground rent. Freeholder St Helens Borough Council.