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12 Moor St 2,677 sq ft 100% Let Retail Property Ormskirk L39 2AQ £490,000 (£183.04/sq ft) 9.18% Net Initial Yield
Investment Highlights
- Entirely let to The Works Stores Limited on a lease expiring October 2028
- Pedestrianised town centre location between Clarks & Starbucks and opposite TG Jones & Post Office
- Arranged over ground and two upper floors
- Located within 450m of Ormskirk Railway Station
Executive Summary
Investment opportunity comprising a prime town centre retail property let to The Works on a full repairing and insuring lease until October 2028, producing £45,000 per annum. The substantial full-building unit extends to approximately 2,677 sq ft over ground and first floors, benefits from strong frontage and high pedestrian footfall, and is located in the heart of Ormskirk’s main retail area serving a wide West Lancashire catchment. Freehold available at £490,000 with the sale structured as a Transfer of a Going Concern.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
2,677 sq ft
Costar Property Class
C
Year Built
2000
Price
£490,000
Price per sq ft
£183.04
Yield
9.18%
NOI
£45,000
Occupancy Rate
100%
Number of Floors
3
1 1
Nearby Major Retailers
1 of 4
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12 Moor St
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