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Cross House Sutton Rd 69,867 sq ft 94% Let Industrial Property St Helens WA9 3DR £250,000 (£3.58/sq ft)
EXECUTIVE SUMMARY
Bay 1, Cross House, Portland Centre, St Helens is offered for sale as a single-let industrial investment, currently let to HD Glass Ltd on a lease expiring April 2027 at £18,000 per annum. The tenant is prepared to regear the lease to expire April 2030, with a proposed rent increase to £21,600 per annum. The guide price is £250,000, reflecting a net initial yield of 7.2% (or 8.64% based on the regear proposal), and the property is held on a long leasehold title. All prices are exclusive of VAT, which is not applicable to this transaction, and the sale is subject to contract.
PROPERTY FACTS
| Price | £250,000 | Costar Property Class | C |
| Price per sq ft | £3.58 | Total Plot Size | 4.08 ac |
| Sale Type | Investment or Owner Occupier | Net Internal Area (NIA) | 69,867 sq ft |
| Tenure | Long Leasehold | No. Floors | 3 |
| Property Type | Industrial | Year Built | 1973 |
| Property Subtype | Service | Parking Allocation | 0.57/1,000 sq ft |
| Price | £250,000 |
| Price per sq ft | £3.58 |
| Sale Type | Investment or Owner Occupier |
| Tenure | Long Leasehold |
| Property Type | Industrial |
| Property Subtype | Service |
| Costar Property Class | C |
| Total Plot Size | 4.08 ac |
| Net Internal Area (NIA) | 69,867 sq ft |
| No. Floors | 3 |
| Year Built | 1973 |
| Parking Allocation | 0.57/1,000 sq ft |
AMENITIES
- Bus Route
- Fenced Lot
- Security System
- Signage
- Wheelchair Accessible
- Yard
- Accent Lighting
- EPC - C
- Reception
- Roller Shutters
- Storage Space
- Air Conditioning
UTILITIES
- Lighting
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Cross House | Sutton Rd
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