Vacant Bar & Commercial Property Opportunity in St Helens

St. Helens, Merseyside
REF: INT1778

Asking Price:
£219,950
Annual Turnover:
TBC
Annual Net Profit:
TBC
REF: INT1778
Photo of Vacant Bar & Commercial Property Opportunity in St Helens

Overview

Tenure:
Freehold
Established:
2000
  • Huge Growth Potential
  • Low Overheads

We are delighted to welcome to the market this fantastic commercial property, which has a prime location in St Helens, Merseyside, and has previously operated as a bar.

The unit is currently vacant and is ideally situated on a busy, business road in the centre of St Helens, which has a thriving population of over 100,000.

The premises comprise three floors, including a cellar. The property has the potential for a bar business to be run from the ground floor, whilst there is a 2-bedroom apartment on the second floor.

Before the pandemic, a highly successful bar operated at the premises, taking £6,000 per week, which shows the huge potential the location offers. The new owner could easily run a profitable bar from the property, or a property investor may look to lease out the premises.

The new owner may choose to refurbish the property, as it has been closed since the beginning of the pandemic. This will enable the new owner to revamp the property exactly as they wish.

With huge potential, this freehold opportunity would be perfect for someone looking to run their own bar or would be brilliant for a property investor.

The unit has the perfect location, as it is surrounded by a vast number of both residential and commercial properties. Along with the property’s location in the city centre, this should ensure there is plenty of passing trade.

Conveniently, there is a large car park only a two-minute walk from the premises, which can be used for up to three hours.

As the premises haven’t been occupied since the beginning of the pandemic, the new owner may look to refurbish the property. It is likely they would need to replace the front windows, as well as the toilets.

This would be the ideal opportunity for a commercial property investor, who is looking to purchase premises on this popular road in the centre of St Helens. It would also work brilliantly for anyone looking to acquire a building, where they could then start a business, such as running a bar.

As the property is currently vacant, there are endless opportunities for the new owner. A commercial property investor could opt to refurbish the premises, and then rent out the ground floor and the accommodation to a possible yield of around 5% per year. Alternatively, the new owner may wish to maximise the property’s prime location and begin running a successful bar.

Features

Key Information

  • Property Type: Leisure
  • Current Classifications: A1
  • Planning: A1

Location

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  • Residential Location
  • City Centre Location
  • Close to Local Businesses

Property

Rates
£12,000
Accommodation Included
Yes
Freehold Property Value
£219,950
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
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Number of Employees
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Current Ownership
XXXX

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