Lingate House 102 Chapel Lane Wigan Greater Manchester WN3 4BJ

  • Lingate House<br>102 Chapel Lane<br>Wigan<br>Greater Manchester<br>WN3 4BJ

Lingate House
102 Chapel Lane
Wigan
Greater Manchester
WN3 4BJ

Freehold Well Secured Office Investment

  • Entirely let to The First Secretary of State until 2026 (subject to option)
  • Prominent corner position just off the busy A49
  • Approximately 1,073 sq m (11,551 sq ft) with extensive parking
  • Nearby occupiers include Dreams, Bathstore, Carpetright and Betfred
  • Occupies a large site of approximately 0.17 hectares (0.43 acres)
  • Six Week Completion Available
  • Lot
    51
  • Auction
    18th October 2012
  • Rent
    £83,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £750,000
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP
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Freehold Well Secured Office Investment

  • Entirely let to The First Secretary of State until 2026 (subject to option)
  • Prominent corner position just off the busy A49
  • Approximately 1,073 sq m (11,551 sq ft) with extensive parking
  • Nearby occupiers include Dreams, Bathstore, Carpetright and Betfred
  • Occupies a large site of approximately 0.17 hectares (0.43 acres)
  • Six Week Completion Available
  • Lot 51
  • Auction 18th October 2012
  • Rent £83,500 per Annum Exclusive
  • Status Sold
  • Price £750,000
  • Sector
    Office
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
18 miles north-east of Liverpool, 19 miles north-west of Manchester
Roads
A49, M6 (Junction 26), M58 (Junction 6), M61 (Junction 5)
Rail
Wigan North Western, Wigan Wallgate
Air
Liverpool John Lennon
Situation

The property is situated in a prominent corner location just off the A49, on the eastern side of Chapel Lane (B5238), at its junction with Bradford Street. The immediate area is predominantly commercial, with industrial units and several retail warehouses in close proximity. Nearby occupiers include Dreams, Bathstore, Carpetright and Betfred.

Tenure

Freehold.

Location
Miles
18 miles north-east of Liverpool, 19 miles north-west of Manchester
Roads
A49, M6 (Junction 26), M58 (Junction 6), M61 (Junction 5)
Rail
Wigan North Western, Wigan Wallgate
Air
Liverpool John Lennon
Situation

The property is situated in a prominent corner location just off the A49, on the eastern side of Chapel Lane (B5238), at its junction with Bradford Street. The immediate area is predominantly commercial, with industrial units and several retail warehouses in close proximity. Nearby occupiers include Dreams, Bathstore, Carpetright and Betfred.

Tenure

Freehold.

Description

The property comprises office accommodation over ground and first floors and benefits from a reception area, perimeter trunking, recessed lighting, suspended ceilings and central heating. There are extensive car parking areas to the rear and both sides, providing approximately 31 spaces.

VAT

VAT is applicable to this lot.

EPC

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

Description

The property comprises office accommodation over ground and first floors and benefits from a reception area, perimeter trunking, recessed lighting, suspended ceilings and central heating. There are extensive car parking areas to the rear and both sides, providing approximately 31 spaces.

VAT

VAT is 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 Reviews
Ground
First
Office
Office
532.50 sq m
540.50 sq m
(5,732 sq ft)
(5,819 sq ft)
THE FIRST SECRETARYOF STATE (1) 20 years from 25/03/2006
until 24/03/2026 on a full
repairing and insuring lease
(2)
£83,500
25/03/2016
and
25/03/2021
Totals  
1,073 sq m
(11,551 sq ft)
    £83,500

(1) The property is currently occupied by HM Customs and Excise.
(2)There is a tenant’s option to determine the lease on 2nd April 2021 on providing 6 months’ written notice.

Contacts

Seller's Solicitors
Elliots Bond & Banbury Shaftesbury House, , 49-51 Uxbridge Road, , Ealing
London
W5 5SA
John Ferguson 020 8567 0176johnferg@eb-b.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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