Part Tenanted Retail Property Let @ £12,000 pa - Vacant Upper Floors With Consent For 2 Flats

Three storey retail property briefly comprising tenanted ground floor retail unit t/as The Farm Shop together with two vacant upper floors benefitting from planning consent to convert the upper floors to two self-contained flats (1x 1 bed & 1x 2bed). Internal viewings will not be available on this lot. Planning Granted by Wigan Council in January 2021 – ref A/20/90458/CU. The consent includes the reconfiguration of the rear entrance to create two separate entrances for the shop and flats. Tenancy The ground floor is let to a private individual by way of a lease until November 2024 at a current rent of £12,000pax. Please refer to the legal pack for a copy of the lease. Location Situated in the centre of Leigh on the pedestrianised section of Bradshawgate with nearby occupiers including Greggs, McDonalds and Poundland. VAT The property is registered for VAT. Prospective buyers may be able to apply to sell as a TOGC (Transfer of Going Concern). Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Wigan Metropolitan Borough Council

Additional Fees

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.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.