Lot
024
Auction: September 2021 Online Auction 22/09/2021

89 Belle Green Lane, Wigan, Lancashire WN2 2EP

Property Details
Location
Auction Details
Description
A large former Public House which has been converted to provide two ground floor retail units together with five flats to the upper floors. The property is currently producing a combined rent of £43,500 per annum with the potential to increase to circa £57,000 following the letting of the two vacant flats.
Location
The property is located at the junction of Belle Green Lane and Pennington Lane, in an established residential area, approximately 2 miles from Wigan town centre.
Accommodation

DescriptionAccommodation
Ground Floor:
Retail Unit 1
Retail Unit 2

46 Sq M (495 Sq Ft)
93 Sq M (1,001 Sq Ft)
First Floor:
Flat 1
Flat 2
Flat 3

Entrance Hall, Kitchen-Living Room, Bedroom, Shower Room
Entrance Hall, Kitchen-Living Room, Bedroom, Shower Room
Kitchen-Living-Bedroom, Shower Room
Second Floor:
Flat 4
Flat 5

Entrance Hall, Kitchen-Living Room, 2 Bedrooms, Shower Room
Entrance Hall, Kitchen-Living Room, 2 Bedrooms, Shower Room

Outside
There is an enclosed and gated yard area to the rear providing secure off-street parking.
Approx Site Area
Approximately 305 Sq M (3,283 Sq Ft).
Tenure
Unknown
Planning
Interested parties should consult the Local Planning Authority: Wigan Council, Planning & Transport, Places Directorate, PO Box 100, Wigan, WN1 3DS. Email: [email protected].
Tenancy
Retail Unit 1 is let by way of a 10 year lease from 1 February 2017, subject to a 4 year break option, at a rent of £950 pcm (£11,400 per annum).

Retail Unit 2 is let by way of a 10 year lease from 1 February 2021, subject to a 4 year break option, at a rent of £1,100 pcm (£13,200 per annum).

Each of the flats area let by way of Assured Shorthold Tenancy agreements at the following rents:

Flat 1 - Vacant (ERV £600 pcm / £7,200 per annum)
Flat 2 - Vacant (ERV £595 pcm / £7,140 per annum)
Flat 3 - £400 pcm (£4,800 per annum)
Flat 4 - £575 pcm (£6,900 per annum)
Flat 5 - £600 pcm (£7,200 per annum)
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 21ST SEPTEMBER AND CLOSES ON WEDNESDAY 22ND SEPTEMBER.

3. The ground floor is entered in the 2017 Rating List as "Shop and Premises" with a Rateable Value of £3,750.

4. Energy Performance Certificates:

Flat 1 - D.
Flat 2 - D.
Flat 3 - C.
Flat 4 - D.
Flat 5 - D.

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