Property 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 lease is understood to be supported by a personal guarantor, with the business owner also personally guaranteeing the lease and rental payments. The unit has been recently refurbished and presents as a modern commercial premises, benefiting from 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 also reported to be in place.
The vendor has advised that guarantors are in place across all three units, including the commercial unit and both residential flats, providing an additional layer of security for the current rental income. Buyers should refer to the legal pack for full tenancy, lease and guarantor information.
The property is held leasehold for a term of 999 years from 1891.
Imperial Buildings is a prominent Victorian building on Market Street in Hindley, close to local amenities and transport links, including Hindley train station with connections towards Wigan and Manchester.
This is an opportunity to acquire a fully let mixed-use investment with three separate income streams, comprising 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.