Property Details
Pugh Auctions
Lot 016
Lot 016
Auction: December 2017 05/12/2017

21 Powell Street, Wigan, Greater Manchester, WN1 1XD

Property Details
Location

The property is located in a prominent commercial position close to the centre of Wigan, adjacent to a Tesco supermarket and filling station, a large multi storey car park and approximately 1/3 of a mile from the Grand Arcade shopping centre. The building lies at the intersection of Powell Street and Hilton Street.

Description

Two storey premises currently trading as a sports bar and snooker hall. At ground floor the premises are arranged as bar area to the front, with snooker hall areas at the rear and also at first floor level. The property is let at ú25,000 per annum for a term of 10 years from 1st January 2016.

Accommodation

The following approximate floor areas have been taken from the VOA website: Ground Floor: 375 sq m (4,038 sq ft) First Floor: 187 sq m (2,012 sq ft)

Approx Site Area

Approximately 242 sq m (290 sq yds).

Tenure

The property is Leasehold for a term of 999 years from 9th May 1924.

Planning

Interested parties should consult direct with the Local Planning Office, Wigan Council, Planning & Transport, Places Directorate, PO Box 100, Wigan WN1 3DS. planningrepresentations@wigan.gov.uk.

Tenancy

The property is subject to an FRI lease commencing from the 01/01/2016 at a current rent reserved at ú25,000 pa with 5 yearly reviews and a tenant break on the 5th anniversary subject to a 12 month notice.

VAT

VAT is payable in addition to the purchase price unless the sale can be treated as the transfer of a going concern.

General

Energy Performance Certificate = G.

Addendum

The property lies adjacent to Lot 15. The property is Leasehold for a term of 999 years from 9th May 1924. VAT is payable in addition to the purchase price unless the sale can be treated as the transfer of a going concern. The property is occupied by way of a lease commencing on 14th July 2015 and ending on and including 13th July 2025 at an annual rent of ú25,000. The lease refers to a break date of 14th July 2020.

Property Location Address:
21 Powell Street,
Wigan,
Greater Manchester,
WN1 1XD
Auction Details
Auction: December 2017 Date: 5th December 2017 Lot Number: 016 Doors Open: 12:00pm Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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