Fully Let Retail Unit With Self-Contained Two Bed Flat – Producing £14,211.48 p.a.x.

Fully let semi-detached property briefly comprising a ground floor self-contained commercial unit retailing Ladieswear, with a 2 bed first floor residential flat above, accessed via the rear yard. Internally the ground floor retail unit benefits from a good sized double fronted display and a central entrance to the retail space. There are 2 further good sized storage rooms/offices with separate WC facilities. The unit benefits secure and convenient access to the rear for goods. The premises also offers free parking to the rear as well as access to numerous off road street parking. Tenancies Ground floor – Clothing Shop, let to a private individual with personal guarantee and £1,950 rent deposit, for a period of 3 years from 12th July 2024 at a passing rent of £7,800 p.a.x 2 bed flat above achieving £6,411.48 p.a.x (£534.29 pcm) on a 12-month AST, Total Rent = £14,211.48 p.a.x Location The subject premises is situated fronting Ormskirk Road (A577) in the centre of Pemberton. The unit benefits pavement fronted access onto Ormskirk Road in a busy and established retail parade. The property is 1.5m west of the M6/M58 motorway and is also on a main bus route into Wigan town centre. Tenure: freehold Title number: MAN132717 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 shop – D ; flat - E

Local Authority

Wigan Metropolitan Borough Council

Solicitors

Dickinson Parker Hill, Ref: Dickinson Parker Hill, Tel: 01695 574201

Offered in association with

Parkinson's

Additional Fees

Administration Charge - 2.5% inc VAT of the purchase price, subject to a minimum of £1980 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.