Auction Property Details

Coral, 1 Derbyshire Hill Road, St Helens, WA9 2LJ

Lot 29 - 20.11.2014

SOLD £110,000

FOR SALE BY PUBLIC AUCTION ON THURSDAY 20TH NOVEMBER 2014 AT LIVERPOOL TOWN HALL

CORAL RACING, 1 DERBYSHIRE HILL ROAD, ST. HELENS, WA9 2LT

INVESTMENT

WHY BUY?
£11,000pa rental income
5yr upwards only Rent review
Lease expires March 2023
Highly desirable tenant

DESCRIPTION
Freehold single storey detached property tenanted to Coral Racing Limited on a 10 year FR&I Lease until 1st March 2023. The current rent passing is £11,000pa with an upwards only rent review on the 5th year. The property comprises of betting shop floor, toilets, rear office space, with plastered finish walls, carpeted floors, suspended ceilings with Cat II lighting.

LOCATION
The premises are adjacent to the Horse Shoe public house on the corner of Derbyshire Hill Road, with the neighbouring roundabout linking onto Ashton Green Drive, Newton Road and the A572. The area is mainly residential with some commercial/retail traders close by.

ACCOMMODATION
Front: 764 sqft (70.93sq.m)
Rear: 133 Sqft (12.38 Sq.m)

Total: 897 Sqft (83.30 sq.m)

Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.