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Agent's details

St Helens Leisure Park, Chalon Way West

For sale: POA|3,232 - 57,510 Sq Ft|Other, Other Property Types & Opportunities

Property details

FOR SALEPOA
SIZE3,232 - 57,510 Sq Ft
ADDRESSSt Helens Leisure Park, Chalon Way West, St. Helens, WA10 1BF
TYPEOther, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON9th July 2021

Description

Key Points

  • Prominently positioned in the town centre with dual frontage onto Chalon Way West and Linkway West.
  • Purpose built leisure scheme totalling 57,510 sq ft with rights to park on 343 spaces.
  • Freehold
  • WAULT of over 15.9 years to lease expiries and 6.3 years to breaks.
  • Total passing rent of £691,391 pa, reflecting a low average rent of £12 per sq ft.
  • Secure income stream with 100% of the passing rent secured by Minimum Risk rated covenants (Dun & Bradstreet).
  • Summary

    The property comprises a purpose-built leisure scheme which was developed in 2000.

    Description

    Prominently positioned in the town centre with dual frontage onto Chalon Way West and Linkway West. Purpose built leisure scheme totalling 57,510 sq ft with rights to park on 343 spaces. Freehold. Strong tenant line up anchored by an 11 screen Cineworld and Nando's, Pizza Hut and JD Wetherspoons. WAULT of over 15.9 years to lease expiries and 6.3 years to breaks. Total passing rent of £691,391 pa, reflecting a low average rent of £12 per sq ft. Secure income stream with 100% of the passing rent secured by Minimum Risk rated covenants (Dun & Bradstreet).

    Location

    St Helens is the administrative centre of the Metropolitan Borough of St Helens, which lies in the county of Merseyside. St Helens is located approximately 9.2 miles north-west of Warrington, 12.4 miles north-east of Liverpool and 22.6 miles west of Manchester. St Helens benefits from excellent road and transport communications being in close proximity to the M6, M61 and M57 motorways, which are accessed via the A580 and A579. Furthermore, St Helens is served by St Helens Central national railway station which is operated via Northern Railways. Services are provided to London Euston, via Wigan North Western, in a fastest journey time of 2 hours and 26 minutes. Other key destinations such as Liverpool Lime Street and Manchester Piccadilly can be accessed directly in fastest journey times of 31 and 36 minutes, respectively. Wigan North Western is a key interchange station for St Helens, which will be situated on the HS2 line and is due to open from 2026, greatly reducing journey times to London and Birmingham.

    Location

    marker
    Location: St Helens Leisure Park, Chalon Way West, St. Helens, WA10 1BF

    St Helens Central (0.4 miles)

    Lea Green (1.0 miles)

    Thatto Heath (1.3 miles)

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