Investment Consideration:
Vacant possession
VAT is applicable to this property
Large commercial building comprising restaurant & bar at ground floor and separate nightclub arranged over part ground, first and second floor
Total combined GIA: 2,130 sq m (22,927 sq ft)
Residential development potential of the upper floors, subject to obtaining the neccessary consents
No. 36-44 King Street Nightclub (opposite) is currently being redeveloped into mixed-use scheme of 36 residential apartments and commercial units
Within 2 min walk from The Galleries, a £135m town centre redevelopment project including 460+ residential units, hotel, cinema, bowling alley, indoor mini golf, event venues, new market hall and more.
Property Description:
Comprises part-two, part-three storey Victorian building, previously operated as a nightclub and separate restaurant. The nightclub is arranged over part ground, first and second floor. The restaurant is arranged over ground floor only and provides the following accommodation and dimensions:
Ground Floor Restaurant/Bar: 985 sq m (10,602 sq ft)
Open plan restaurant, commercial kitchen, storage, wc`s
Nightclub: 1,145 sq m (12,325 sq ft)
Part Ground, First & Second Floor
Reception, open plan dancing & bar areas, wc`s
Residential development potential of the upper floors, subject to obtaining the necessary consents.
Location:
Wigan is a major retail centre situated some 17 miles north-west of Manchester and 15 miles south of Preston. The town benefits from its proximity to the M6 Motorway (Junction 26) which is 4 miles to the west and to the M61 Motorway (Junction 6) 6 miles to the north-east. The property is well located on the west side of King Street in an established leisure area within Wigan town centre. Wigan Wallgate and Wigan North Western Rail Stations are both within 0.1 miles. The Grand Arcade Shopping Centre is also nearby, and there is a large public car park to the rear. Within 2 min walk from The Galleries, a £135m town centre redevelopment project including 460+ residential units, hotel, cinema, bowling alley, indoor mini golf, event venues, new market hall and more.
