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General Retails for auction in Woodhouse Close, WA3

Create Alert 3 results Sorry, we currently do not have any listings in 0 miles of Woodhouse Close, WA3 - Please find below the nearest listings available.
**UNSOLD - Available at £175000**


Location
The property is located on Market Street (B5215), at its junction with Lord Street, in the centre of Leigh and a short distance from the main retail area of Bradshawgate.

Description
A vacant ground floor retail unit with basement storage, formerly used for A5 Hot Food Takeaway use, extending to approximately 86.00 sq m together with separately accessed first and second floor residential accommodation comprising 10 no. bedrooms with kitchen and bathroom facilities. We are advised that 15 Market Street has been sold off on a long leasehold basis.

Accommodation

Description
Accommodation
Basement
30.50 sq m (328 sq ft)
Ground Floor
86.10 sq m (927 sq ft)
First Floor
5 no. bedrooms, 2 no. kitchen-living rooms, 2 no. bathrooms
Second Floor
5 no. bedrooms, 1 no. living room, 1 no. kitchen, 1 no. bathroom, 1 no. w/c

Tenure
We understand the property is held by way of a 125 year lease from 7 February 2003 at a ground rent of £100 per annum.

Planning
Interested parties should consult direct with the Local Planning Authority: Wigan Council, Planning & Transport, Places Directorate, Wigan Council, PO Box 100, Wigan WN1 3DS. Tel: 01942 489250.

VAT
VAT will be charged at the prevailing rate in addition to the sale price.

General
1.) 17 Market Street is entered in the 2017 Rating List as "Shop and Premises" with a Rateable Value of £11,000.

2.) The upper floors are listed with two Council Tax assessments in Band A.

3.) Energy Performance Certificate (17) = E.
15-17, Market Street, Leigh, WN7 1DR
A vacant ground floor retail unit with basement storage, formerly used for A5 Hot Food Takeaway use, extending to approximately 86...
Type: General Retail, Retail
Location: 15-17 Market Street, Leigh, WN7 1DR
Images: 10
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New
Vacant Two Storey Retail Unit in Need of Modernisation

Traditionally constructed vacant two storey mid-terrace retail unit which has been extended to the rear. Internally the property briefly comprises ground floor front sales area, rear prep area and bakery.

The first floor provides front and rear storage rooms plus bathroom with 3 pc suite, externally there is a rear yard area with storage out-building.

The property is prominently situated in a parade of similar retail units fronting Wigan Road (A49) at the junction of Bryn Road and Downhall Green Road.

Joint agents - Parkinson Real Estate – 01942 741800

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating TBC

Local Authority

Wigan Metropolitan Borough Council

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 0.9% inc VAT of the purchase price, subject to a minimum of £1080 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.


Viewing Times

Please call Auction House North West on 0800 050 1234 to arrange a viewing
278, Wigan Road, Wigan, WN4 0AR
Vacant Two Storey Retail Unit in Need of Modernisation
Type: General Retail, Retail, Other, Other Property Types & Opportunities
Location: 278 Wigan Road, Wigan, WN4 0AR
Images: 4
View Property
** UNSOLD - PLEASE REFER TO AUCTIONEER **

Features
Ground floor let at £695 pcm (£8,340 pa)
Self-contained studio flats
3 x studios let at £450 pcm each (£16,200 pa)
Potential gross yield of 15.4%
Excellent condition
Close to the town centre
Excellent transport links
Freehold

Property Details

•3 x studio flats & ground floor shop, plus additional billboard advertising
•Freehold mixed use investment opportunity
•Current income of £24,540 per annum
•Additional potential income of £2,400 pa from billboard
•Potential income of £26,940 pa

This mixed-use end terrace property comprises a ground floor retail unit, currently trading as a Hairdressers. The upper floors comprise three self-contained studio flats in excellent condition throughout.

Each studio flat comprises a double bedroom, open plan kitchen with modern fitted base and eye level units, integrated electric hob, microwave and stainless-steel sink. The ensuite shower rooms each comprise fitted toilet, basin and glass shower cubicle.

This property is located on Albert Road, approximately one mile north east of Widnes town centre.

Nearby local amenities include; Morrisons supermarket, Marks & Spencer’s, a range of local independent retailers and Schooling options.

The property benefits a bus and coach station being situated just a few minutes’ walk via Albert Road. Widnes train station is one mile north west of the property, providing further access across the country.

Liverpool is located approximately 15 miles north west and Manchester is located around 25 miles to the north east of Widnes, both accessed via the M62 motorway.

Services
We understand the property has mains gas, electricity, water and drainage. However, interested parties should carry out their own investigations.

Tenure
Freehold

Guide Price
£175,000+

Investment Analysis
The ground floor is let at £695 pcm (£8,340 pa). Each self-contained flat is currently let at £450 pcm (£5,400 pa), generating a total income of £24,540 per annum. In addition, there is an advertising hoarding which could achieve a potential rent of £200 pcm. The property has the potential to generate a total potential income of £26,940 pa, representing a gross yield of approximately 15.4% based on the guide price.

Buyer’s Premium
2% (min. £3,600) inc. VAT.

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150, Albert Road, Widnes, WA8 6LG
Mixed Use Investment Opportunity – Ground Floor Retail Premises & 3 x Self-Contained Studio Flats – Total Potential Income of £26,...
Type: Mixed Use, Flat, General Retail, Retail, Other Property Types & Opportunities, Residential
Location: 150 Albert Road, Widnes, WA8 6LG
Images: 11
Brochures: 1
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