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10 & 12 Aughton Street.

Just added

Commercial property for sale in a portfolio

£595,000 3,013 sq ft

Orme Associates
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Contact name

Andrew Orme - Orme Associates

Full address
Ormskirk – Ormskirk
Highlights
  • Good Footfall
  • Sound Investment
  • Strong Tenant Covenant
Property type
Commercial property for sale in a portfolio
Asking price
£595,000
Available space range
There are 2 spaces available. These measure 3,013 sq ft. The total availability is 6,026 sq ft.

2 portfolio properties for sale

Portfolio property 3985791 Available

3,013 sq ft, £197.48 per sq ft

Address 12 Aughton St, Ormskirk, Lancashire, L39 3BW, GB
Property Type General Retail
Size 3,013 sq ft
Price £595,000
Price per unit £197.48 per sq ft
Sale type Investment
Tenure Freehold
Net income yield 9.98%
Financial type Actual
Financial year 2018
Net operating income £59,400

Notes

  • A freehold property investment comprising of a town centre retail premises comprising two shops, and two apartments above (1 x 3 bed and 1 x 4 bed), fully let as per the tenancy schedule below and producing £64200 per annum (- bills for upstairs flats and management costs).
  • Ground floor, 10 aughton street – let to ymca for a term of 10 years commencing 05th august 2019 at £21000 p.a. + vat rising to £22000 p.a. on 04th august 2020 + vat, subject to review on 05th august 2024 to open market value and a tenant break at 05th august 2024..
  • Ground floor, 12 augton street – let to aughton street aesthetics on a monthly periodic tenancy at £7200 p.
  • A + vat.
  • First floor, flat 1 – a four bedroom flat, fully furnished and let on a room by room basis to students at £100.00 per room per week inclusive of bills, and thereby producing £20000 per annum when annualized.
  • Second floor, flat 2 – a three bedroom flat, fully furnished and let on a room by room basis to students at £100.00 per room per week inclusive of bills, and thereby producing £15000 per annum when annualized.
  • The two flats are managed by a managing agent at a cost of 8.0% of rental receipts equating to £2800 per annum.

Portfolio property 3985791 Available

3,013 sq ft, £197.48 per sq ft

Address 10 Aughton St, Ormskirk, Lancashire, L39 3BW, GB
Property Type General Retail
Size 3,013 sq ft
Price £595,000
Price per unit £197.48 per sq ft
Sale type Investment
Tenure Freehold
Net income yield 9.98%
Financial type Actual
Financial year 2018
Net operating income £59,400

Notes

  • A freehold property investment comprising of a town centre retail premises comprising two shops, and two apartments above (1 x 3 bed and 1 x 4 bed), fully let as per the tenancy schedule below and producing £64200 per annum (- bills for upstairs flats and management costs).
  • Ground floor, 10 aughton street – let to ymca for a term of 10 years commencing 05th august 2019 at £21000 p.a. + vat rising to £22000 p.a. on 04th august 2020 + vat, subject to review on 05th august 2024 to open market value and a tenant break at 05th august 2024..
  • Ground floor, 12 augton street – let to aughton street aesthetics on a monthly periodic tenancy at £7200 p.
  • A + vat.
  • First floor, flat 1 – a four bedroom flat, fully furnished and let on a room by room basis to students at £100.00 per room per week inclusive of bills, and thereby producing £20000 per annum when annualized.
  • Second floor, flat 2 – a three bedroom flat, fully furnished and let on a room by room basis to students at £100.00 per room per week inclusive of bills, and thereby producing £15000 per annum when annualized.
  • The two flats are managed by a managing agent at a cost of 8.0% of rental receipts equating to £2800 per annum.

Property description

This commercial property for sale in a portfolio is located in Ormskirk.

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View the performance or update the listing in CoStar

Contact agent

020 *** ****

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By submitting this form, you accept our Terms & conditions & Privacy policy Please note that Realla will send the above details to the agents listed.

Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Orme Associates. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Orme Associates for full details and further information.