Investment Summary

Units 9/11, Church Street, Ormskirk L39 3AE

  • Well-let town centre retail unit
  • Located on prime pitch in Ormskirk town centre
  • Modern retail accommodation extending to 4,104 sq ft over ground and first
  • Unit 9 let to Specsavers Optical Superstores Limited for a term of 10 years with effect from 19th April 2017, expiring 18th April 2027 (8.49 years unexpired)
  • Unit 11 let to Sportswift Limited t/a Card Factory for a term of 5 years with effect from 20th June 2017, expiring 19th June 2022 (3.66 years unexpired)
  • Total rental income of £51,000 per annum
  • Freehold
  • Offers in excess of £668,500 (STC)
  • 7.25% Net Initial Yield
  • £163 psf capital value
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