Lot 48
6 Week completion
SITUATION
Located in this pedestrianised section of the town's main retail thoroughfare, near to the junction with Bold Street and just yards from The Spinning Gate Shopping Centre, opposite an Age UK and close to branches of HSBC, Home Bargains, New Look, Santander, Admiral Casino and a host of local traders.
Leigh lies some 12 miles to the west of Manchester and 21 miles north-east of Liverpool and enjoys good road access via the A579 and the A580.
PROPERTY
A mid terrace building comprising a Ground Floor Shop with internal access to Ancillary Accommodation at first floor level. The property benefits from rear access via a service road.
ACCOMMODATION1
Ground Floor Shop
Gross Frontage 14'5"
Internal Width 13'1"
Shop Depth 44'3"
Area Approx. 485 sq ft
First Floor AncillaryArea Approx. 238 sq ft
1Areas and measurements supplied by Vendor.
VAT is applicable to this Lot
TENURE
Leasehold for a term of 2,000 years from 24th June 1986 at a peppercorn.
TENANCY
The entire property is let on a full repairing and insuring lease to The E-Cig Store (Leigh) Limited as a Vape Store for a term of 3 years from 3rd November 2017 at a current rent of £8,000 per annum exclusive.
Note 1: The shop was not open at the time the photo was taken.
Note 2: The tenant may no longer be trading from the premises, therefore, we are now quoting 'Reserve below £64,000' and on completion, the Vendor will provide the Purchaser with a price reduction equivalent to 9 months rent, i.e. £6,000 + VAT.