AS Wigg and Son's store is up for auction

AS Wigg and Son’s store is up for auction

The previous AS Wigg and Son retailer in Newmarket went up on the market for round £350,000 after the corporate closed.

AS Wigg and Son closed on February 28, 2023, following the retirement of Michael Wigg, who had labored there for over sixty years.

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

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

The constructing itself consists of vacant property and a floor flooring retail unit current with storage on the primary flooring, in addition to residences stretching above residences 43, 45 and 47.

Ian Kitson, chief govt of Cheffins, who ran the public sale, mentioned: “The mixed-use property in Newmarket affords an investor the chance to buy an vital a part of the city’s historical past and one of the crucial vital buildings on the Excessive Road. . With a gentle rental earnings and an enormous quantity of potential, this shall be one of the crucial wanted plots on the market.”

The public sale will happen on Wednesday, June 14 at 14:00 on the Cheffins web site.

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