Multi Let Retail Parade – Currently Producing £33,500 pa – ERV Approximately £80,700 pa

MAIN DESCRIPTION PLEASE INC. BELOW IN BODY OF DESCRIPTION: TENURE TITLE NUMBER LENGTH OF LEASE GROUND RENT SERVICE CHARGE COUNCIL TAX BAND (IF UNKNOWN PLEASE USE WORDING ‘AWAITING CONFIRMATION’) Multi – let retail parade of 5- 6 units occupying one of the prime locations in Wigan town centre, at the corner of Standishgate and Mesnes Street. The units are conveniently positioned close to the multimillion pound redevelopment of The Galleries which will create a vibrant, thriving neighbourhood in the heart of Wigan. The development will include a new central market hall, a Hampton by Hilton hotel, a vibrant public square and multimedia centre. Fettlers will also feature more than 400 homes. Nearby occupiers include Subway, café Nero and B&M Bargains. Presently the units are part let, representing an opportunity to asset manage and add value, the units briefly provide as follows:- (floor areas taken from VOA) 32-36 Standishgate – Former Amusement Arcade Now Vacant GF: Retail - 171.4 m2, FF: Store/Office – 124.3 m2, 2F: Store – 119 m2 6-10 Mesnes Street – Café Santos GF: Café - 51.3 m2, FF: 27.6 m2, 2F: 39.4 m2 10 years from June 2014 (holding over) - £13,000 pa 12 Mesnes Street – Shoe Repairs (private individual) GF: 15.1 m2 £7,500 pa Notice served to vacate 16-20 Mesnes Street – GF: 44.16 m2 Phone & Vape Shop (private individual) £13,000 pa 3 years from February 2024 22 Mesnes Street – GF: 10.6 m2 Vacant – on market at £7,200 pa The units have the potential, when fully let to produce approximately £80,700 pa. Tenure: freehold Title number: MAN126820 Length of Lease/Term: Ground Rent : £ Service Charge: £ Council Tax Band : Local Authority: Wigan Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Energy Efficiency Rating (EPC)

Current Rating 32-36 Standishgate – D, 6-10 Mesnes Street – B, 12, Mesnest Street – D, 16-20 Mesnes Street – D, 22 Mesnes Street - E

Local Authority

Wigan Metropolitan Borough Council

Additional Fees

Administration Charge - 2.75% inc VAT of the purchase price, subject to a minimum of £2750 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.