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
    14/Feb/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
Important Property Update
  • 17 Market Place<br>Wigan<br>Lancashire<br>WN1 1PE
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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.

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

Bidder'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 advisable. For more information, please click here.

Tenancy & Accomodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xNext 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)
£27,00011/08/2019/
(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.

Property Documents

  • Site Plan
    Updated Date
    23.01.18
    File Size
    2 MB
    View PDF
  • Catalogue Page
    Updated Date
    23.01.18
    File Size
    672 KB
    View PDF
  • Common Auction conditions
    Updated Date
    27.03.17
    File Size
    124 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Will MooreWill Moore +44 (0)20 7034 4858 +44 (0)7899 877 224will.moore@acuitus.co.uk
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
Seller's Solicitors
Coley & Tilley Solicitors Neville House, 14 Waterloo Street
Birmingham
B2 BUF
Grahame Griffiths +44 (0)121 643 5531gg@coleyandtilley.co.uk

Useful Links

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