Available at: £200,000, Signature House, 232a Rainhill Road, Rainhill, Prescot, Merseyside, 433+39139

Property Details

Location

The property lies on Rainhill Road (B5413) within 150 yards of the junction with Warrington Road (A57). Nearby is Rainhill railway station and junction 7 of the M62 lies approximately 1.5 miles to the south and junction 2 of the M57 2.25 miles to the west.

Description

Detached property converted into a business centre, providing a range of different sized office suites with shared kitchen, WC, boardroom and reception facilities. There are 19 office suites in total.

Accommodation

The following measurements have been provided by the Vendor. There are 19 office suites ranging from 10 sq m ( 110 sq ft) up to 45 sq m (483 sq ft). Total Area: 421 sq m (4,527 sq ft)

Outside

Rear yard.

Approx Site Area

Approximately 450 sq m (4842 sq ft)

Tenure

Freehold.

Planning

Interested parties should consult direct with the Local Planning Office, St Helens Metropolitan Borough Council, Town Hall, Corporation Street, St Helens, WA10 1HP. Tel: 01744 676 219.

Tenancy

The office suites are let on agreements which include rent and service charge, with some occupiers paying for phone lines and broadband. 1) At present 13 of the 19 suites are let at a combine annual income of úú46,101.84 A full tenancy schedule is available to download from the Auctioneers Website.

VAT

VAT is payable on the purchase price.

General

Energy Performance Asset Rating = C

Addendum

VAT is payable on the purchase price. Let at a combined annual all inclusive rent of ú46,101.84 with a further 6 suites vacant and available to let. The tenant of Unit 19 has given notice to vacate on 1st April 2016. Potential changes to occupancy advised by the Vendor are Office 10 where a letting is agreed at rent of ú250 and a decision by the tenant is expected mid March. The current occupiers of offices 4, 6 & 7 are interested in taking Office 19 at the current rent and service charge of ú825, but they will vacate Office 4 and as they intend to only use Offices 6 & 7 for meeting room purposes a reduced rent based upon service charge us usage has been agreed at ú125. In addition there are 3 live leads for potential tenants considering taking space, each at a rent of ú250. Notwithstanding the copy agreements in the Legal Pack the Vendor advises that the rent being currently demanded is as per the Tenancy Schedule dated 24th February 2016.