Commercial Property for sale

40 Wigan Road, Ormskirk, L39

£450,000

Property Description

Key features

  • Fully Let and Currently Producing Over 33,000 per annum Gross (Estimated Over 36,000 per annum from September 2016)
  • Established Hairdressing Tenant - Business Unaffected By The Sale
  • Four Flats - 2x2 bed, 1x1 Bed plus Studio Flat
  • Currently AST Lettings but Scope for Conversion to Student Lettings and Significantly Increased Rental Income - subject to the necessary consents
  • Substantially Extended with Large Car Park to the Rear
  • No VAT on Purchase Price

Full description

Tenure: Freehold

The detached property has been significantly extended to provide a self-contained retail unit to the ground floor (business unaffected by the sale) together with 4 self contained letting units beyond, together with a car park, accessed off Mill Street.
To the ground floor accessed to the side, are flats 40D and 40C.
40D comprises of a studio flat with bedroom, kitchen, dining room and shower room/WC.
40C provides two bedrooms, together with kitchen/dining area and shower room/WC.
To the fist floor, again accessed from a separate common entrance are two further flats 40A and 40B.
40A is situated above the retail units and provides two bedrooms together with dinging/kitchen area and shower room/WC.
40B is to the rear of the first floor and again provides two bedrooms, kitchen/dining area, two store cupboards and shower room/WC.
All the residential accommodation is well maintained and in good condition throughout.
To the ground floor Wigan Road elevation is the self contained retail unit which is primarily open plan with tiled floor and suspended ceiling in the main salon area, together with a kitchen and WC facility off.
Tenancies: Tenancy and income details as provided by vendor - Pending written verification
40 Wigan Road - Retail Unit - £6,360 pa exclusive 3 Year internal repairing lease.
40A Wigan Road 2 Beds - £9,880 pa - From September 12 month agreement at £95 Per Week, per bedroom.
40B Wigan Road - 2 Bed - £6,000 pa -Currently on Assured Shorthold Agreement. From September. Estimated £80 per week, per room.
40C Wigan Road 1 Bed - £8,000 pa - From September estimated £80 per week, per room. Two letting rooms.
40D Wigan Road - Studio Flat - £5,460 pa - From September £105 per week.


More information from this agent

Nearest stations

  • Ormskirk (0.2 mi)
  • Aughton Park (1.0 mi)
  • Town Green (1.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fitton Estates, Southport

Hoghton Place 47 Hoghton Street, Southport, PR9 0PG

01704 633036 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Ormskirk (0.2 mi)
  • Aughton Park (1.0 mi)
  • Town Green (1.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fitton Estates, Southport

Hoghton Place 47 Hoghton Street, Southport, PR9 0PG

01704 633036 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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