High-visibility retail with upper-floor flat, immediate income and stepped rent increases..
Prominent frontage on Peckers Hill Road
Large total floor area: 1,635 sq ft
Mixed-use: ground-floor retail plus 1-bed flat
Long leasehold: 999 years from 1881
Low ground rent: £5 per annum
Let to tenant with stepped rent increases
Very deprived area; high local crime levels
Requires routine maintenance and potential refurbishment
A prominent mixed-use building just west of St. Helens town centre, offering immediate rental income and future uplift from planned rent increases. The ground-floor retail unit benefits from high visibility on Peckers Hill Road and strong footfall potential, while the spacious one-bedroom flat across first and second floors provides flexible asset use or an owner-occupier option.
The property is offered long leasehold (999 years from 1881) with a nominal ground rent of £5 per annum and an existing tenancy in place delivering £15,600 pa rising to £17,160 pa from 2025 and £18,876 pa from 2029. Excellent transport links nearby, including St. Helens Junction station (approx. 0.2 miles) and easy access to the M62, support both retail trade and commuter rental demand.
Notable local challenges include very high area deprivation and elevated crime levels, which will influence tenant mix and yield expectations. The building requires routine maintenance and may benefit from targeted refurbishment to maximise rental value and broaden appeal. Offers are invited in excess of £185,000 (exclusive of VAT).
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