LOCATION
The property is located prominently fronting Chapel Street (A572), close to its junction with Spinning Jenny Way, Princess Street and Queen Street, on the fringes of Leigh Town Centre. Nearby occupiers include Leigh Police Station, The Loom Retail Park, with Tenants such as Tesco Superstore, Nando's and Cineworld.
DESCRIPTION
The property comprises a parade of 3 x ground floor retail units that are to undergo extensive and specialist renovation by local contractors, to provide for high quality, individual business premises, suitable for a range of uses. The retail units will be situated below high quality office accommodation on the first floor.
The units will be finished to a Landlord shell specification, ready for internal fit-out to suit the ingoing Tenant's business use and operation. Further information on proposed shell landlord finish is available on request.
Each unit is regular in shape and will benefit from display frontage onto Chapel Street, with space for external seating (subject to end uses).
This is an exciting opportunity to secure high quality accommodation and to create a bespoke and boutique business premises. Early expression of interest is recommended.
ACCOMMODATION
In accordance with the RICS Property Measurement (2nd Edition), we have calculated the following approximate Net Internal Areas:
Description/Floor Sq M Sq Ft
G1 - Ground Floor 86.95 936
G2 - Ground Floor 40.04 431
G3 - Ground Floor 58.99 635
SERVICES
The mains services connected to the units will include water supply, electricity supply and of course, mains drainage. Please note that Turner Westwell Commercial Agents have not tested any of the service installations or appliances connected to the property.
The units will be refurbished and handed to Tenants in a shell specification, to be agreed.
LEASE TERMS
The units are available on Tenant's Internal Repairing and Insuring leases, for a minimum 3 to 5 year lease.
RENTAL
Unit Rental (PA)
G1 - Ground Floor £15,000
G2 - Ground Floor £6,950
G3 - Ground Floor £9,950
*All rents are exclusive of VAT, Business Rates, insurance contribution and of course, utilities
VAT
VAT is applicable and will be charged at the prevailing rate.
USE
Use Class E - Commercial, Business & Service.
BUSINESS RATES
The individual units will be re-assessed by the District Valuer for Business Rates purposes on occupation by a new Tenant. We are therefore unable to advise on the Business Rates payable for the individual units. Interested parties are advised to make their own enquiries with the Local Authority (Wigan Council).
LEGAL COSTS
Each party are to be responsible for their own legal costs involved in the transaction.
EPC
An EPC will be commissioned upon practicable completion. A full copy of the Report will then be available on request.
VIEWINGS
Strictly by appointment with the sole agents TURNER WESTWELL COMMERCIAL AGENTS.