1 Wheatsheaf Walk, Ormskirk
This property is a retail unit with accommodation over 2 floors within the Wheatsheaf Walk shopping parade close to the town centre of Ormskirk. The premises have been used in recent years as a sweet shop.
The premises are situated on Burscough Street which is one of the main shopping streets within the pedestrianised area in the centre of Ormskirk by the clock tower. Ormskirk is a busy market town in West Lancashire serving the villages in the surrounding areas. It is approx. 3 miles from J3 of M58 motorway providing excellent links to the regional motorway network connecting with Junction J26 of the M6 to the east and the M57 to the west.
The town is also home to Edge Hill University with around 16,000 full and part-time students. Ormskirk also benefits from some of the lowest shop vacancy rates* in the North West *(Source: Springboard Retail Intelligence).
In accordance with the RICS code of measuring practice the property has a gross internal area of approximately: Ground Floor 58.99 sq m (635 sq ft) and; First Floor 62.04 sq m (668 sq ft)
The ground floor accommodation extends to a sales area and disabled WC with a small kitchen area. The first floor has a large sales area, a store/private meeting room and a WC.
The occupier will be responsible for all business rates payable.
Business Rateable Value (2010): £22,250
Multiplier Standard: 49.7p
Business Rates Payable (2016/17): £11,058.25
£25,000 per annum, exclusive of all other outgoings.
Terms and availability
The units are available to let on an internal repairing lease with external repairs and decoration being the responsibility of the Landlord and rechargeable via the service charge. The Landlords will insure the premises and recharge the premium to the tenant.
There is a service charge payable which represents a proportionate charge properly and fairly attributable to the premises. The service charge presently covers common parts expenditure, all cleaning, lighting and maintenance and including the Landlord's external repairing and decorating liabilities.
All prices, outgoings and rentals are quoted free of, but maybe liable to VAT. Legal Costs Prospective tenants will be expected to contribute towards the cost of the preparation and completion of the leases and counterpart.
For further information or to arrange a viewing please contact the Estates Team on 01695 712612.