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Sunday, June 4, 2023

A S Wigg and Son retailer up for public sale

The previous A S Wigg and Son retailer in Newmarket is up on the market for a sum of round £350k following the closure of the corporate.

A S Wigg and Son closed on 28 February 2023 following the retirement of Michael Wigg, who had labored there for over six many years.

The enterprise was based by Michael Wigg’s grandfather, Arthur Samuel Wigg, and was one of many largest jewelry companies within the area.

A S Wigg and Son additionally provided the clock for Newmarket’s Jubilee clock tower, which was opened in 1890.

The constructing itself contains a floor ground retail unit which is obtainable with vacant possession, and storage on the primary ground in addition to residential lodging above which stretches over numbers 43, 45 and 47.

Ian Kitson, director at Cheffins which is working the public sale, mentioned: “The mixed-use property in Newmarket presents an investor the chance to buy an necessary a part of the city’s historical past, in addition to one of the crucial distinguished buildings on the Excessive Avenue. With a daily rental revenue and large quantities of potential, that is set to be one of the crucial sought-after tons within the sale.”

The public sale will happen on Wednesday 14 June, from 2pm, on Cheffins web site.

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