Income-producing mixed-use block with upgrade potential in Ormskirk town centre.
Double-fronted Grade II listed town-centre commercial building
A substantial mixed-use investment in Ormskirk town centre, this double-fronted Grade II listed building extends to c.6,775 sq ft and combines an income-producing ground-floor retail unit, a seven‑bed HMO and a self-contained apartment. The butcher-occupied retail unit is on a 10-year lease at £32,000 pa, the HMO produces strong student rental returns when fully let, and the flat is separately metered and let from June 2025.
The layout offers clear upside: scope to upgrade living accommodation, extend letting terms and improve rental yields. Vehicular access to rear storage and a substantial basement add operational flexibility for the retail tenant. Fast broadband and excellent mobile signal support modern lettings and retail trading.
Buyers must note material constraints: the shop front is Grade II listed, some roof repairs are indicated, and the existing 10-year lease on the retail unit (with five-year rent review) plus the short-term ASTs may deter mortgage lenders. Annual landlord costs are estimated at £7,000–£8,000. The property sits in a town-centre location with higher local crime statistics, which may affect tenant mix and insurance costs.
This is best suited to investors or specialist landlords who understand listed building responsibilities and who can fund or arrange financing with lenders experienced in shorter-lease commercial investments and HMOs. The estate represents a large, income-producing holding with renovation potential for yield enhancement.
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