Lot
102
Auction: May 2024 Online Auction 22/05/2024 - Bidding opens Tuesday 21st May 10:00 AM

43 & 45 Gerard Street, Ashton-In-Makerfield, Wigan, Lancashire, WN4 9AG

Property Details
Location
Auction Details
Description
**circa 14% rental yield** A mixed use retail and residential investment opportunity comprising two ground floor shops and two self contained first floor flats, all of which are let and detailing an annual combined rent of £21,640. The property is situated in Ashton town centre within easy reach of a variety of amenities and facilities.
Location
The property fronts onto Gerard Street adjoining KFC and the recently developed Gerard Centre which is home to national retailers including Costa Coffee. A variety of independent retailers, pubs and restaurants are all within the immediate vicinity. Ashton is located 8 miles north of Warrington and within convenient travelling distance of the M6 motorway network.
Accommodation
43 Gerard Street
Ground FloorRetail Area, Kitchen, W.C.
First FloorKitchen, Living Room, Bedrooms x 2, Bathroom

45 Gerard Street
Ground FloorRetail Area, Kitchen, W.C. Store
First FloorNot inspected 
Tenancy

43 (ground floor shop)Let to a local cafe operator on a 3 year FRI lease dated 22nd July at £7,200 p/a
43a (first floor flat)Let on a 12 month AST at £3,600 p/a
45 (ground floor shop)Let to a turkish barbers on a 3 year FRI lease dated 22nd October at £7,000 p/a
45a (first floor flat)Let on a 12 month AST at £3,840 p/a
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 refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

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

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Joint Agent

Contact: Thomas Turton
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