Lot
014
Auction: May 2024 Online Auction 22/05/2024 - Bidding opens Tuesday 21st May 10:00 AM

276-280 Church Road, Haydock, St. Helens, Merseyside, WA11 0LF

Property Details
Location
Auction Details
Description
A mixed use investment opportunity comprising three ground floor retail units with three self contained flats above. The property is part let and producing an annual income of approximately £30,000 which has the capacity to rise to approximately £45,500 following occupation of the vacant units and imminent rent increases. The flats are separately accessed and comprise 1 x 2 bed and 2 x 1 bed units.
Location
The property is located on the north side of Church Road (A599) in Haydock, St Helens. East Lancashire Road (A580) is easily accessible and provides easy access to the M6 motorway approximatley 1 mile to the east. Haydock is situated almost halfway between Liverpool City Centre and Manchester City Centre.
Accommodation
Pugh & Co have not inspected the properties internally and the following accommodation details have been provided by the vendor;

276 Church Road800 Sq Ft
278 Church Road368 Sq Ft
280 Church Road318 Sq Ft
276a Church Road615 Sq Ft
278a Church Road646 Sq Ft
280a Church Road 492 Sq Ft

Outside
Rear Yard
Tenancy
276 Church Road (Galloways)£7,250 p/aLease renewal agreed for 10 years lease 5 year break, 5 year rent review upwards only. Lease renewal agreed at increased rent of £9,500pa
278 Church Road (Vape Hut)£7,800 p/a5 years from 1st Feb 2024 (lease renewal) 
280 Church Road (Barbers)£8,700 p/a5 years from 29th Feb 2024 (lease renewal) rent review 29 Feb 2027 
276a Church Road
Tenant vacating 2nd June
278a Church Road
Currently vacant but under a new tenancy application awaiting move in at an agreed rent of £575pcm
280a Church Road£500pcmIncreasing to £520pcm April

Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 21ST MAY AND CLOSES ON WEDNESDAY 22ND MAY.
Addendum
Flat 278a has recently become vacant but is under a new tenancy application and awaiting a move in date. The new agreed rent is £575pcm. Flat 276a will be vacating on 2nd June

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Liverpool

Joint Agent

WT Gunson
Contact: Neale Sayle
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