Mixed-Use Part Tenanted Commercial Residential Investment Opportunity Generating £19,380 per annum
The property comprises 3x self-contained ground floor retail units and 2x self-contained first floor apartments. Accommodation No.47 – comprises a self contained tenanted ground floor takeaway unit No.47a - comprises a self-contained tenanted two-bedroom apartment with access via rear entrance No.48 – comprises a vacant ground floor retail unit with disabled w.c. and w.c. No.49 – comprises a tenanted ground floor fast food takeaway No.49a – comprises a self-contained tenanted one-bedroom apartment with access via rear entrance Tenancy No. 47 – Let to takeaway operator with approximately 2 years remaining on lease at £450 pcm / £5,400 per annum No.47a – Let on AST at £425 pcm / £5,100 per annum No.48 – Vacant No 49 – Let to fast food takeaway at £350 pcm / £4,200 per annum No.49a – Let on AST at £450 pcm / £5,400 per annum Total Income - £19,380 per annum Total Estimated Income when fully Let - £24,060 per annum Location The property is situated fronting Scott Lane, on its junction with Harold Street in the mainly residential area of Aspull, Wigan. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
See Legal Pack
Wigan Metropolitan Borough Council
Buyer's Premium - £900 inc VAT payable on exchange of contracts.
Administration Charge - 1.5% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.
Referral Fees – We offer referred services via 3rd party suppliers which we believe you may benefit from in aiding the primary service we provide. You are under no obligation to use these services, and you should consider your options before accepting any third parties' terms and conditions for which we are not responsible. On some completed transactions they pay referral fees to ourselves. These fees average £300 inc VAT.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.