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£125,000
Commercial property
Prime commercial building in St Helens with Ladbrokes as a dependable tenant. Offers income stability, development potential, and high visibility in a growing area. Ideal investment opportunity.
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.
Please contact our Branch Manager in St Helens to arrange a viewing.
T: 01744 754120
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Our team of specialists will advise you on the real value of your property. Click here.