10 Standishgate Wigan Lancashire 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
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Important Update Interested?

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

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

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)