Market Street, Hindley
- PROPERTY TYPE
Mixed Use
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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Key features
- TO BE SOLD BY ONLINE AUCTION
- Fully Let Mixed-Use Investment
- Three Separate Income Streams
- Prominent High Street Position
- Recently Refurbished Commercial Unit
Description
TO BE SOLD BY ONLINE AUCTION ON 10TH – 11TH JUNE 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS
75 Market Street, Imperial Buildings, Hindley, Wigan, WN2 3AE
A fully let mixed-use investment property occupying a prominent position on Market Street in Hindley, comprising a ground floor commercial unit and two self-contained one-bedroom residential flats.
The property is currently producing a combined rental income of £1,750 per calendar month, equivalent to £21,000 per annum, with income generated from three separate units.
The ground floor commercial unit is currently occupied by Gents Groom Barbershop and is understood to be let at £725 per calendar month on a five-year lease commencing October 2025. The unit has been recently refurbished and presents as a modern commercial premises with a glazed shopfront and fitted barber stations.
The upper floors comprise two self-contained one-bedroom residential flats. 75A Market Street is let at £550 per calendar month, while 75B Market Street is let at £475 per calendar month. Both flats are understood to be let on periodic Assured Shorthold Tenancies with guarantors in place.
The property is held leasehold for a term of 999 years from 1891.
Imperial Buildings is a prominent Victorian building located on Market Street in Hindley, close to local shops, amenities and transport links. Hindley train station is within walking distance and provides rail connections towards Wigan and Manchester, with wider road links available via the surrounding North West motorway network.
This is an opportunity to acquire a fully let mixed-use investment with three separate income streams, including a recently refurbished commercial unit and two residential flats.
Accommodation / Tenancy Schedule
Ground Floor Commercial Unit
Gents Groom Barbershop
Rent: £725 pcm / £8,700 pa
Lease: Five-year lease from October 2025
Personal guarantor in place
First Floor Flat – 75A Market Street
One-bedroom residential flat
Rent: £550 pcm / £6,600 pa
Tenancy: Periodic AST
Guarantor in place
Second Floor Flat – 75B Market Street
One-bedroom residential flat
Rent: £475 pcm / £5,700 pa
Tenancy: Periodic AST
Guarantor in place
Total Rental Income: £1,750 pcm / £21,000 pa
Tenure
Leasehold — 999 years from 1891.
Note
The rental information, tenancy details and lease information have been provided by the vendor. Prospective purchasers should rely on the legal pack and make their own enquiries before bidding.
Market Street, Hindley
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hindley Station0.5 miles
- Ince Station1.5 miles
- Wigan North Western Station2.3 miles
Notes
Disclaimer - Property reference EM-168394. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Edward Mellor Ltd, Auction. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Edward Mellor Ltd, Auction on 0161 524 2443.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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