£750,000 Under Offer

Park Road/Church Street, Ormskirk, L39

Key Features

  • Retail and Office Investment in Ormskirk Town Centre.
  • Six Ground Floor Retail Units and Nine Office Suites to the Upper Floors.
  • Existing Tenants Unaffected by the Sale.
  • Total Rent: £59,225 Per Annum (from Completion) and Exclusive of Service Charge and Building Insurance Payments.
  • Prominent, Ornate and Attractive Building within Ormskirk Town Centre.

OFFERS ARE INVITED BY THURSDAY 30TH SEPTEMBER 2021 The subject property comprises a substantial multi-let retail and office building of brick construction, under a pitched roof, with red brick fascia and ornate stone details, which originally date back to 1909, subject to later extensions. The ground floor comprises a total of six numbered retail units, with all but the first extending with frontage along Park Road and provided with associated shop fronts, glazed pedestrian entrance doors and fascia signage provisions. Unit 1, Arnold & Phillips Estate Agents opens into Church Street, through an ornate stone set entrance, the detail of which carries through to the ground and first floor fenestration of the front elevation. Arnold & Phillips also occupy unit 2 immediately behind. A further four retail units with entrance off Park Road. The first floor comprises nine numbered suites, whereby it is understood a number have recently undergone refurbishment (2A, 3A, 4A & 4B). The remainder of the building is made up with communal kitchen and WC facilities located to the first floor. We understand all tenancies are let on effective Full Repairing and Insuring Leases by way of a service charge provision, which equates to approximately £89.91 per month for the upper floor offices (where heating is provided) and £79.91 for the ground floor retail units, as these have their own heating system. It is understood all units are independently metered for electricity. Furthermore, there is a communal WC and kitchen facilities to the first floor, which are available to the occupying tenants.
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