20-22 Gerrard Street Ashton in Makerfield, Nr Wigan WN4 9AA

  • 20-22 Gerrard Street<br>Ashton in Makerfield, Nr Wigan<br>WN4 9AA

20-22 Gerrard Street
Ashton in Makerfield, Nr Wigan
WN4 9AA

Freehold Retail Investment

  • Double fronted retail building
  • Prominent location on busy Gerard Street
  • VAT free Investment
  • Neighbouring occupiers include, Subway, Natwest, TSB Bank, KFC, ALDI and Boots
  • Lot
    7
  • Auction
    9th July 2020
  • Rent
    £25,000 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Auction Venue
    Live Streamed Auction
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Freehold Retail Investment

  • Double fronted retail building
  • Prominent location on busy Gerard Street
  • VAT free Investment
  • Neighbouring occupiers include, Subway, Natwest, TSB Bank, KFC, ALDI and Boots
  • Lot 7
  • Auction 9th July 2020
  • Rent £25,000 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
16 miles west of Manchester, 16 miles north-east of Liverpool, 11 miles south-west of Bolton
Roads
M6 (Junction 24) A58, A580
Rail
Bryn Railway Station
Air
Manchester Airport
Situation

Ashton-in-Makerfield is a Town strategically situated immediately east of Junction 24 of the M6. The property is prominently situated on the west side of the busy Gerard street. Neighbouring occupiers include, Subway, Natwest, TSB Bank, KFC, ALDI and Boots.

Tenure

Freehold.

Location
Miles
16 miles west of Manchester, 16 miles north-east of Liverpool, 11 miles south-west of Bolton
Roads
M6 (Junction 24) A58, A580
Rail
Bryn Railway Station
Air
Manchester Airport
Situation

Ashton-in-Makerfield is a Town strategically situated immediately east of Junction 24 of the M6. The property is prominently situated on the west side of the busy Gerard street. Neighbouring occupiers include, Subway, Natwest, TSB Bank, KFC, ALDI and Boots.

Tenure

Freehold.

Description

The property comprises a double fronted retail unit with retail accommodation on the ground and first floor. The property also benefits from access and parking to the rear.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band D. See legal pack.

Description

The property comprises a double fronted retail unit with retail accommodation on the ground and first floor. The property also benefits from access and parking to the rear.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band D. See legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
(Approx)
Tenant Term Rent p.a.x Reversion
Ground
First
Retail
Retail
163.80 sq m
140.80 sq m
(1,763 sq ft)
(1,515 sq ft)
J G TWIST
(RETAIL) LIMITED
t/a Gee Tee’s (1)
3 years from
01/10/2019 on a full
repairing and
insuring lease
£25,000 30/09/2022
Total
304.60 sq m
(3,278 sq ft)
    £25,000  

(1) J G Twist (Retail) Limited were incorporated in 1996 and currently operate from 5 outlets in the Lancashire area. For the year ending 31st March 2019, they reported total assets of 971,047 and shareholders funds of 703,860 (Source: SmartSearch 12/06/2020).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
ABH Solicitors A1 Sovereign Business Park, Kings Croft Court
Wigan
WN1 3AP
Gary Shepherd 01942 246241gshepherd@abhlaw.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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