Property Details
Pugh Auctions
Lot 054a
Lot 054a
Auction: October 2019

39 & 39a Henrietta Street, Leigh, Lancashire, WN7 1LP

Property Details
Location

The property is located on Henrietta Street, at its junction with Hope Street, approximately 0.25 miles from Leigh town centre.

Description

A mixed retail and residential investment comprising Chip Shop together with three self-contained flats producing an income of £16,240 per annum. Discussions are being held with the tenant regarding terms for a new lease to commence in August 2020 at an increased rent.

Accommodation


39 Henrietta Street

Description
Sq M
Sq Ft
Ground Floor (Chip Shop)
47.50
511
* Floor areas taken from VOA website.

39a Henrietta Street

Flat 1 (Ground Floor)
Kitchen-living room, bedroom, bathroom
Flat 2 (First Floor)
Kitchen-living room, bedroom, bathroom
Flat 3 (Second Floor)
Kitchen-living room, bedroom, bathroom



Outside

There is an enclosed yard to the rear of the property.

Tenure

The property is held leasehold by way of a 999 year lease from 26 April 1876.

Planning

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

Tenancy

The ground floor chip shop is let by way of a 5 year lease from 31 July 2015 at a rent of £5,200 per annum. We are adivsed that discussions are being held with the tenant regarding terms for a new lease to commence in August 2020 at an increased rent which is expected to be in the region of £6,400 per annum. 2 no. flats are let by way of Assured Shorthold Tenant agreements at £320 pcm (£3,840per annum) each and 1 no. flat is let by way of an Assured Shorthold Tenant agreement at £280 pcm (£3,360 per annum).

General

1.) The ground floor is entered in the 2017 Rating List as "Shop & Premises" with a Rateable Value of £3,400.

2.) Each of the flats is listed with a Council Tax assessment in Band A.

Addendum

The property is held leasehold by way of a 999 year lease from 26 April 1876. The rental income for the flats has been updated: 2 no. flats are let by way of Assured Shorthold Tenant agreements at £320 pcm (£3,840per annum) each and 1 no. flat is let by way of an Assured Shorthold Tenant agreement at £280 pcm (£3,360 per annum). The total revised income is £16,240 per annum.

Property Location Address:
39 & 39a Henrietta Street,
Leigh,
Lancashire,
WN7 1LP
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Auction Details
Auction: October 2019 Date: 15th October 2019 Lot Number: 054a Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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