2 - 6 Market Street Wigan Greater Manchester WN1 1QS

  • 2 - 6 Market Street<br>Wigan<br>Greater Manchester<br>WN1 1QS

2 - 6 Market Street
Wigan
Greater Manchester
WN1 1QS

Freehold Bank Investment

  • Let to Lloyds Bank Plc until 2026 (subject to option)
  • Lloyds Bank in occupation since 1996
  • Prominent town centre location close to The Galleries Shopping Centre and Grand Arcade Shopping Centre
  • Nearby occupiers include Barclays Bank, Greggs, Santander and Ladbrokes
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    34
  • Auction
    30th March 2017
  • Rent
    £100,000 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Freehold Bank Investment

  • Let to Lloyds Bank Plc until 2026 (subject to option)
  • Lloyds Bank in occupation since 1996
  • Prominent town centre location close to The Galleries Shopping Centre and Grand Arcade Shopping Centre
  • Nearby occupiers include Barclays Bank, Greggs, Santander and Ladbrokes
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 34
  • Auction 30th March 2017
  • Rent £100,000 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    Bank
  • Auction Venue
    The 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, Wigan North Western
Air
Liverpool John Lennon Airport, Manchester International Airport
Situation

The property is situated in a prominent location on the western side of Market Place, at its junction with Market Street and Wallgate. The property is within close proximity of both the the New Galleries Shopping Centre and Grand Arcade Shopping Centre which have occupiers including Waterstones, WH Smith and Superdrug. Other nearby occupiers including Barclays Bank, Greggs, Santander and Ladbrokes.

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, Wigan North Western
Air
Liverpool John Lennon Airport, Manchester International Airport
Situation

The property is situated in a prominent location on the western side of Market Place, at its junction with Market Street and Wallgate. The property is within close proximity of both the the New Galleries Shopping Centre and Grand Arcade Shopping Centre which have occupiers including Waterstones, WH Smith and Superdrug. Other nearby occupiers including Barclays Bank, Greggs, Santander and Ladbrokes.

Tenure

Freehold.

Description

The property comprises a ground floor banking hall with office accommodation and meeting rooms on the first and second floors and basement ancillary accommodation. The property also benefits from an access way at the rear.

VAT

VAT is applicable to this lot.

Viewings

There will be a block viewing for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Georgina Roberts. Telephone: +44 (0)207 0344 4863. Email:georgina.roberts@acuitus.co.uk

Completion Period

Six Week Completion

EPC

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

Description

The property comprises a ground floor banking hall with office accommodation and meeting rooms on the first and second floors and basement ancillary accommodation. The property also benefits from an access way at the rear.

VAT

VAT is applicable to this lot.

Viewings

There will be a block viewing for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Georgina Roberts. Telephone: +44 (0)207 0344 4863. Email:georgina.roberts@acuitus.co.uk

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 Review
Ground

Basement
First
Second
 Banking Hall/
Ancillary
Ancillary
Ancillary
Ancillary
348.75 sq m

141.39 sq m
274.34 sq m
120.49 sq m
(3,754 sq ft)

(1,522 sq ft)
(2,953 sq ft)
(1,297 sq ft)
 LLOYDS BANK
PLC (1)
 10 years from 03/01/2016 until
03/01/2026 on a full
insuring and
repairing lease (2)
 £100,000
 03/01/2021
Total  
884.97 sq m
(9,526 sq ft)
     £100,000
  

(1) For the year ending 31 December 2015, Lloyds Bank Plc reported a pre-tax profits of £1,372,000,000 and a total net worth of £43,108,000,000 (Source: Experian Group 28/02/2017). Lloyds Bank have been in occupation since 1996.
(2) The lease provides a tenant option to determine on 02/01/2021.

Contacts

Seller's Solicitors
DWF LLP 20 Fenchurch Street
London
EC3M 3AG
Gregor Munro 020 7280 8888gregor.munro@dwf.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
AquillaNatasha Ward+44 (0)20 3159 4314+44 (0)7545 208 759natashaw@aquillaib.co.uk

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