Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
18 miles north-west of Manchester, 20 miles north-east of Liverpool
Roads
A49, A577, M6, M58, M61
Rail
Wigan Wallgate Railway Station
Air
Liverpool John Lennon Airport
Situation
The property is prominently situated on the western side of Standishgate, north of its junction with Market Place, Market Street and Millgate. Directly opposite the property is Marks & Spencer, with other nearby occupiers including W H Smith, Wilko, Waterstones, Boots the Chemist, Starbucks, New Look and Caffè Nero.
Tenure
Freehold.
Location
Miles
18 miles north-west of Manchester, 20 miles north-east of Liverpool
Roads
A49, A577, M6, M58, M61
Rail
Wigan Wallgate Railway Station
Air
Liverpool John Lennon Airport
Situation
The property is prominently situated on the western side of Standishgate, north of its junction with Market Place, Market Street and Millgate. Directly opposite the property is Marks & Spencer, with other nearby occupiers including W H Smith, Wilko, Waterstones, Boots the Chemist, Starbucks, New Look and Caffè Nero.
Tenure
Freehold.
Description
The property is arranged on the ground, first and second floors with the ground floor providing retail/ancillary accommodation with further ancillary accommodation on the first and second floors.
Six Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property is arranged on the ground, first and second floors with the ground floor providing retail/ancillary accommodation with further ancillary accommodation on the first and second floors.
Six Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review
Ground First Second
Retail/Ancillary Ancillary Ancillary
60.22 sq m 31.82 sq m 41.40 sq m
(648 sq ft) (343 sq ft) (446 sq ft)
GREENHALGH’S CRAFT BAKERY LIMITED (1)
15 years from 11/01/2008 until 10/01/2023 on a full repairing and insuring lease
£42,000
11/01/2018
Totals
133.44 sq m
(1,437 sq ft)
£42,000
(1) Established for over 50 years, Greenhalgh’s now trade from over 60 shops. For the year ending 31st January 2014, Greenhalgh’s Craft Bakery Limited reported a turnover of £23,949,836, pre-tax profits of negative £802,311 and a total net worth of £15,901,521. (Source: Experian Group: 06/11/2015)