Property Details
Pugh Auctions
Lot 044a
Lot 044a
Auction: October 2018

Ground Rent Investment, 12 Bahama Road, Haydock Lane Industrial Estate, Haydock, Merseyside, WA11 9XB

Property Details
Location

The property is located on Bahama Road within Haydock Lane Industrial Estate and can be directly accessed from the A580 East Lancashire Road. Junction 23 of the M6 motorway is approximately 2 miles to the east and the towns of St Helens, Newton-le-Willows and Ashton-in-Makerfield are all in close proximity.

Description

To be offered by auction. Freehold commercial ground rent investment which comprises a modern warehouse building of approximately 1,230 sq m that has been subdivided into 133 no. storage units and sold off on 250 year leases with 10 yearly rent reviews. The combined annual income is £18,400 per annum.

Accommodation


Description
Quantity
Sq M
Sq Ft
Storage Unit
31
2.30
25
Storage Unit
36
4.65
50
Storage Unit
27
6.70
75
Storage Unit
29
9.30
100
Storage Unit
6
13.90
150
Storage Unit
4
18.60
200

Outside

There is an enclosed service yard and parking area to the front and side of the property.

Approx Site Area

Approximately 0.34 hectares (0.85 acres).

Tenancy

Each storage unit is let on a 250 year lease and subject to 10 yearly rent reviews. The rent doubles at the first anniversary and is subject to RPI increases thereafter.

Unit Size (Sq Ft)
Unit Rent (Per Annum)
Quantity
Total Rent
25
£50.00
31
£1,550
50
£100.00
36
£3,600
75
£150.00
27
£4,050
100
£200.00
29
£5,800
150
£300.00
6
£1,800
200
£400.00
4
£1,600



£18,400

Property Location Address:
Ground Rent Investment,
12 Bahama Road,
Haydock Lane Industrial Estate,
Haydock,
Merseyside,
WA11 9XB
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Auction Details
Auction: October 2018 Date: 18th October 2018 Lot Number: 044a Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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