17 Market Place Wigan Lancashire WN1 1PE

17 Market Place
Wigan
Lancashire
WN1 1PE

Let to Galloways Bakers Limited until 2024 (no breaks)
Prominent town centre location
Diagonally opposite Marketgate Shopping Centre and close to Grand Arcade Shopping Centre
Nearby occupiers include Ladbrokes (adjacent) RBS, Nationwide, Thomas Cook and Yorkshire Building Society

Lot
26
Auction
14th February 2018
Rent
£27,000 per Annum Exclusive
Status
Sold
Price
£344,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On behalf of a Major Institution

Important Update Interested?

Expand
Photos
Map

Let to Galloways Bakers Limited until 2024 (no breaks)
Prominent town centre location
Diagonally opposite Marketgate Shopping Centre and close to Grand Arcade Shopping Centre
Nearby occupiers include Ladbrokes (adjacent) RBS, Nationwide, Thomas Cook and Yorkshire Building Society

Lot 26
Auction 14th February 2018
Rent £27,000 per Annum Exclusive
Status Sold
Price £344,000
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On behalf of a Major Institution

Property Information

Location

Miles: 18 miles north-west of Manchester; 20 miles north-east of Liverpool; 12 miles west of Bolton
Roads: A49, A577, M6, M58, M61
Rail: Wigan Wallgate; Wigan North Western
Air: Liverpool John Lennon Airport; Manchester International Airport

Situation

The property is situated in a prominent location on the eastern side of Market Place, at its junction with Market Street. The property is within close proximity of both the Marketgate Shopping Centre and Grand Arcade Shopping Centre. Occupiers nearby include Barclays Bank, Lloyds Bank and Thomas Cook (opposite), Greggs, Santander, Waterstones and Ladbrokes.

Tenure

Freehold.

Location

Miles: 18 miles north-west of Manchester; 20 miles north-east of Liverpool; 12 miles west of Bolton
Roads: A49, A577, M6, M58, M61
Rail: Wigan Wallgate; Wigan North Western
Air: Liverpool John Lennon Airport; Manchester International Airport

Situation

Tenure

Freehold.

Description

The property is arranged over ground and three upper floors to provide a ground floor shop with part ancillary and part office accommodation above. We understand that the additional office space, which is separately accessed from Coopers Row, is used for residential.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

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	Next Review/ (Reversion)
Ground Basement First Second First (3) Second (3) Third (3)	Retail Ancillary Ancillary Ancillary Office Office Office	88.91 sq m 52.95 sq m 13.80 sq m 35.60 sq m 57.90 sq m 28.20 sq m 24.90 sq m	(957 sq ft) (570 sq ft) (148 sq ft) (383 sq ft) (623 sq ft) (304 sq ft) (268 sq ft)	GALLOWAYS BAKERS LIMITED (1)	15 years from 11/08/2009 on a full repairing and insuring lease (2)	£27,000	11/08/2019/ (10/08/2024)
Total		302.26 sq m	(3,253 sq ft)			£27,000

(1) Galloways operate from 23 shops in the North West (Source : www.gallowaysbakers.co.uk)
(2) The lease is subject to a schedule of condition.
(3) We understand this accommodation has been converted and used for residential. Separate access from Coopers Row.