25 Wallgate | Wigan WN1 1LD
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25 Wallgate
Wigan WN1 1LD
Retail Property For Sale
Investment Highlights
- Three storey
- Great transport links
- In the heart of Wigan town centre
Executive Summary
An end terraced, three-storey retail property which is tenanted by a recruitment company. The ground floor is open plan with a glazed double frontage to Wallgate and benefits from suspended ceiling, recessed lighting and rear private office. The first floor provides two good sized offices, a staff kitchen and toilet area with a second floor available for
storage. There is also a basement which has additional staff amenity and toilets. There is a gas hot water central heating system. Annexed to the rear and accessed from Rowbottom Square are three-storey former offices and residential areas which are presented in a shell condition ready for development to provide a minimum of two apartments which would inevitably increase the rental income stream. Separate services are available.
storage. There is also a basement which has additional staff amenity and toilets. There is a gas hot water central heating system. Annexed to the rear and accessed from Rowbottom Square are three-storey former offices and residential areas which are presented in a shell condition ready for development to provide a minimum of two apartments which would inevitably increase the rental income stream. Separate services are available.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
2,800 SF
Building Class
B
Year Built
1900
Price
$360,493 CAD
Price Per SF
$129 CAD
Cap Rate
8.50%
NOI
$30,642 CAD
Tenancy
Single
Building Height
3 Stories
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