Wallgate - Office FOR SALE


Wigan, LAN WN3 4AL
$1,100,000 USD
194-292-5692
Wallgate, Wigan, LAN for Sale
$1,100,000 USD
Office - FOR SALE
1/16
null | 9.24% Cap Rate

Wallgate
Wigan, LAN WN3 4AL


HIGHLIGHTS

  • Excellent transport links with direct access to motorways, trains, and Manchester Airport
  • Unique blend of history, character, and modern potential
  • Instant income with reliable rental yield of 9.24%
  • Diversified tenant base minimizes risk
  • 19 offices currently leased to 11 tenants
  • Multiple expansion and redevelopment options (subject to planning)

OVERVIEW

Pier House sits prominently roadside and is a 4-storey mill lovingly transformed into a vibrant multi tenanted office space. This unique landmark property facing Wigan Pier blends historic charm with modern functionality, offering tenants character and convenience and offering investors a fully let property with potential for further improvement or redevelopment. The site is 0.45 acre with the property comprising over 12,000 sq ft across 4 floors with land to the front used as a communal car park and a yard to the rear let out as parking to the ground floor tenant. The building is well-maintained, has lift access to all floors and central heating throughout. Each floor has its own electricity supply and boasts dedicated toilets and kitchens.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

9.24%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pier House

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

GM140625,GM436385,GM712380,GM929722

ASK ABOUT THIS PROPERTY

Alex TrossCarter Jonas LLPMore Info
194-292-5692

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Alex TrossCarter Jonas LLPMore Info
194-292-5692

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.