Summary - 2, RAILWAY ROAD L39 2DN
1 bed 1 bath Commercial Property
Fully let freehold mixed-use building producing £23,100 pa (gross yield 8.25%)|Three self-contained units: two ground-floor shops, one first-floor salon|Long-established tenants in situ (9–27 years) offering income stability|Prime central position near Ormskirk train and bus stations, high footfall|No VAT payable on the sale|Limited external space — no private garden, kerbside only|Area classed as deprived and recorded above-average crime rates|Building condition requires inspection; potential refurbishment or maintenance costs
This freehold, mixed-use terrace sits on Railway Road in central Ormskirk, offering an investor-ready income stream from three long-established tenants. The building is fully let, producing £23,100 per annum with a gross yield of 8.25%, and benefits from very good footfall close to the town’s train and bus stations.
Ground-floor retail units (sandwich shop and beauty salon) and a self-contained first-floor hair salon each have independent access and proven trading histories (9–27 years), simplifying management and tenant turnover risk. Prominent glazed frontages maximise visibility on a busy high street and the property is not subject to VAT on the sale.
Important considerations: external space is limited to kerbside and pavement with no private garden, the surrounding area is classified as deprived and crime is above average which may affect future rental growth and tenant attraction. The building will require a full inspection to confirm condition and any immediate maintenance or refurbishment needs.
Overall this is a compact, hands-off investment for a buyer seeking immediate rental income from established occupiers in a prime town-centre location, but buyers should factor in local area challenges and typical town-centre maintenance liabilities.
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