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St Helens retail site sold for £3.45m

9th February 2010

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A RETAIL site occupied by Ford Retail in St Helens has been sold for £3.45m.

Ilkley-based property development and investment company Opus Land has sold the 1.5 acre site, which is opposite Ravenhead Retail Park, to a private investor.

Ford, which relocated to the 17,500 sq ft showroom on site from the town centre, is paying £274,000 a year rental on a 20-year lease, representing a yield of 7.5%.

Andrew Duncan, managing director of Opus Land in the north of England, said: “This is a very sati......for the full story register now for free or login below...


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