January 2016 tenant option to determine not exercised
Close to the Grand Arcade and The Galleries Shop ping Centres
Nearby occupiers include Marks & Spencer, Caffè Nero, Boots the Chemist, Waterstones, Next, H&M, WH Smith and Starbucks
For the Seller's Legal Pack, please click the Property Documents tab below
For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
Lot 52
Auction 11th February 2016
Rent £52,500 per Annum Exclusive
Status Sold
Price £595,000
Sector High Street Retail
Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of Insolvency Practitioners Deloitte
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, Manchester Airport
Situation
The property is prominently situated on the western side of pedestrianised Standishgate opposite Marks & Spencer and Caffè Nero. Close by is the Grand Arcade Shopping Centre housing retailers including Superdrug, Waterstones, Boots the Chemist, BHS, Next and H&M. Other nearby occupiers include WH Smith, B&M Bargains, Wilko and Starbucks.
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, Manchester Airport
Situation
The property is prominently situated on the western side of pedestrianised Standishgate opposite Marks & Spencer and Caffè Nero. Close by is the Grand Arcade Shopping Centre housing retailers including Superdrug, Waterstones, Boots the Chemist, BHS, Next and H&M. Other nearby occupiers include WH Smith, B&M Bargains, Wilko and Starbucks.
Tenure
Freehold.
Description
The property comprises ground floor retail accommodation with ancillary accommodation in the basement and on the first and second floors.
Six Week Completion
Note
This property is being marketed for sale on behalf of Insolvency Practitioners and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Insolvency Practitioners are acting without personal liability.
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 applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises ground floor retail accommodation with ancillary accommodation in the basement and on the first and second floors.
Six Week Completion
Note
This property is being marketed for sale on behalf of Insolvency Practitioners and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Insolvency Practitioners are acting without personal liability.
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 applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
(1) For the year ending 31/12/2014, Vision Express (UK) Limited reported a turnover of £240,510,000, pre-tax profits of £12,854,000 and a total net worth of £38,146,000. (Source: Experian Group 11/01/2016) (2) The tenant did not exercise their January 2016 option to determine.