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Cross House Sutton Rd 69,867 SF 94% Leased Industrial Building St Helens WA9 3DR $462,434 CAD ($6.62 CAD/SF)
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 | $462,434 CAD | Building Class | C |
| Price Per SF | $6.62 CAD | Lot Size | 4.08 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 69,867 SF |
| Tenure | Long Leasehold | No. Stories | 3 |
| Property Type | Industrial | Year Built | 1973 |
| Property Subtype | Service | Parking Ratio | 0.57/1,000 SF |
| Price | $462,434 CAD |
| Price Per SF | $6.62 CAD |
| Sale Type | Investment or Owner User |
| Tenure | Long Leasehold |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 4.08 AC |
| Rentable Building Area | 69,867 SF |
| No. Stories | 3 |
| Year Built | 1973 |
| Parking Ratio | 0.57/1,000 SF |
AMENITIES
- Bus Line
- Fenced Lot
- Security System
- Signage
- Wheelchair Accessible
- Yard
- Accent Lighting
- Energy Performance Rating - C
- Reception
- Automatic Blinds
- Storage Space
- Air Conditioning
UTILITIES
- Lighting
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Cross House | Sutton Rd
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