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For Sale£149,000.00

3 Moorgate, Ormskirk L39

Retail, General Retail, Retail - High Street , 568 Sq Ft
Property type: Retail, General Retail, Retail - High Street
Tenure: For Sale Leasehold
Size: 568 Sq Ft
Price: £149,000.00
Location: 3 Moorgate, L39 4RT
Additional Sizes: Storage 80.0 - 80.0 Sq Ft
For sale - Retail Investment. The property is held by way of a 999 year lease granted in 1984 at a peppercorn rent without review, subject to and with the benefit of an underlease granted to Regis UK Ltd for 10 years from March 2013 at a rent of £13,000 pa. Regis UK own and operate 350 hair dressing salons in the UK including brands such as Regis, Supercuts, and Sassoon Salon. The property has been in the same use since 1988, at that time trading as Alan Paul Hairdressers. The premises are ground floor only, the first floor forms part of the ajoining public house. Ormskirk is a thriving market town in West Lancashire approx 13 miles north of Liverpool and 18 miles south of Preston. The town has a population of approx 23,400 boosted by an expanding Edge Hill campus. The premises are located on Moorgate which links Marks and Spencer Simply Food & Market Hall with the prime retail pitch of Moor Street. Nearby occupiers include The Queens Head Public House, Home Bargains, Co-op Travel and William Hill.
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