Immediate income with retail and student accommodation in a busy town hub.
Fully let mixed-use freehold opposite Market Hall and M&S Food Hall
Total gross rental income £31,500 per annum
Ground-floor retail let at £11,500 pa; new lease starts 7 Aug 2025
First-floor self-contained student unit producing ~£20,000 pa
Short commercial lease term ending 31 Aug 2028 is a re-letting risk
Tenure details not specified — buyer to verify title and covenants
Area shows above-average crime and higher deprivation levels
Utilities independently metered for ground floor; safety docs available on request
A compact, fully let mixed-use freehold located in Ormskirk town centre, directly opposite the Market Hall and M&S Food Hall. The building comprises a ground-floor retail unit with a new lease agreed from 7 August 2025 to 31 August 2028, and a self-contained first-floor residential unit configured for three student occupants. Total gross rental income is £31,500 per annum; VAT is not chargeable on the purchase price.
This is a hands-off income asset for investors seeking immediate yield from established tenants. The ground-floor tenant (Pottery Cove Ltd) pays £11,500 pa under the forthcoming lease; the first-floor student accommodation produces approximately £20,000 pa. Utilities for the ground floor are independently metered and basic building running costs (annual insurance circa £249.87) are documented.
Buyers should note material considerations plainly: the commercial lease term is short (ends August 2028), tenure details are not specified in the sale information, and the wider area records above-average crime and higher-than-average deprivation. Full tenancy documentation, recent rental payment schedules, and safety certificates are available on request, and viewings are by appointment only.
This property suits investors seeking a town-centre, mixed-use holding with immediate income and potential for rental reversion at lease renewal. It benefits from excellent mobile signal, fast broadband and high town-footfall, but purchasers should factor in market context and the forthcoming commercial lease expiry when planning holding period or refurbishment.
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