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 a long time.
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 equipped the clock for Newmarket’s Jubilee clock tower, which was opened in 1890.
The constructing itself includes a floor ground retail unit which is out there 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 operating the public sale, stated: “The mixed-use property in Newmarket presents an investor the chance to buy an essential a part of the city’s historical past, in addition to one of the distinguished buildings on the Excessive Road. With an everyday rental earnings and large quantities of potential, that is set to be one of the sought-after heaps within the sale.”
The public sale will happen on Wednesday 14 June, from 2pm, on Cheffins web site.