10 Standishgate Wigan Lancashire WN1 1UE

  • 10 Standishgate<br>Wigan<br>Lancashire<br>WN1 1UE

10 Standishgate
Wigan
Lancashire
WN1 1UE

Freehold Retail Investment

  • Let to Greenhalgh’s Craft Bakery Limited until 2023
  • Opposite Marks & Spencer and Wilko and close to The Galleries Shopping Centre
  • Pedestrianised town centre location
  • VAT-free investment
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    70
  • Auction
    10th December 2015
  • Rent
    £42,000 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
  • Expand
  • Photos
  • Map

Freehold Retail Investment

  • Let to Greenhalgh’s Craft Bakery Limited until 2023
  • Opposite Marks & Spencer and Wilko and close to The Galleries Shopping Centre
  • Pedestrianised town centre location
  • VAT-free investment
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 70
  • Auction 10th December 2015
  • Rent £42,000 per Annum Exclusive
  • Status Sold Prior
  • Price  
  • Sector
    High Street Retail
  • 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)

Property Documents

  • Catalogue Page
    Updated Date
    18.11.15
    File Size
    678 KB
    View PDF
  • Site Plan
    Updated Date
    18.11.15
    File Size
    95 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Associate Auctioneers
Borron Shaw Eldon House, First Floor 2 Woodhouse Drive
Wigan
WN6 7NT
Tom Turton 01942 245 426 wigan@borron-shaw.com
Seller's Solicitors
Dootsons Solicitors 61/63 Church Street
Leigh
Greater Manchester
WN7 1AY
Andrew Stockton 01942 263 664astockton@dootsons.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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